Google CEO Sundar Pichai to take huge pay cut after shooting 12000 workers

It appears that Google CEO Sundar Pichai will take a big piece of his wage cut in the middle of layoffs and difficult macro financial conditions. New Delhi, UPDATED: Jan 29, 2023 08:16 IST By Sneha Saha: It appears that CEO Sundar Pichai will take a big portion of his income cut amidst layoffs and difficult macro-economic conditions. In a current city center conference with Google staff members, Pichai revealed that all functions above “senior vice president” level will witness a substantial decrease in their yearly benefit. “All functions above the senior vice president level will witness ‘really considerable’ decrease in their yearly bonus offer. For senior functions, the settlement is connected to business efficiency,” Pichai supposedly stated throughout the city center. While he didn’t plainly speak about taking wage cut, by his words it is clear that he would likewise take a pay cut. Pichai didn’t discuss the portion of income that will be cut and for the length of time. Now, simply a couple of weeks prior to Google revealed layoffs Sundar Pichai got an enormous walking in wage. At the time, Google’s moms and dad business Alphabet, board acknowledged Pichai’s “strong efficiency” as CEO and stated that the vesting of a substantial piece of the award would depend upon Alphabet’s overall investor return relative to other S&P 100 business. Alphabet likewise included that the award was fine-tuned to increase the efficiency stock systems (PSUs) from 43 percent in 2019 to 60 percent, w
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