Alphabet CEO Sundar Pichai made the announcement during a recent town hall meeting with Google employees that the annual bonuses of all positions above senior vice president will be significantly reduced.
Pichai did not specify the percentage or duration of the salary reduction. However, given that his compensation is dependent on the success of the business, it is likely that he will also accept a pay cut.
Sundar Pichai is an Indian-American business executive who currently serves as the CEO of Alphabet Inc., the parent company of Google. Born in Madurai, India in 1972, Pichai earned degrees in metallurgical engineering and materials science from the Indian Institute of Technology and Stanford University.
He joined Google in 2004 and has held several senior leadership positions, including heading the development of the Chrome browser and the Chrome OS operating system. Pichai was named the CEO of Google in 2015, taking over from co-founders Larry Page and Sergey Brin.
Under his leadership, Google has continued to grow and expand, becoming one of the largest technology companies in the world. In 2015, Google restructured to become a subsidiary of Alphabet Inc., with Pichai serving as the CEO of Google and Alphabet. Pichai has overseen the development of several new products and initiatives at Google, including Google Assistant, Google Home, and Google Stadia.
He has also been involved in Google's efforts to expand into new markets, including India, where he has led efforts to bring more people online and increase access to information and technology. Pichai is known for his focus on user experience and his ability to simplify complex technology products, making them accessible to a wider audience.
He is widely regarded as one of the most influential business leaders of his generation and has received numerous awards and honours for his work at Google and Alphabet. Pichai is a strong advocate for diversity and inclusion in the tech industry and has spoken out about the importance of improving representation in the field.
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