Google to reduce bonuses for top executives, WSJ reports

Google will reduce bonuses for employees at the SVP level and above as part of cost cutting measures, CEO Sundar Pichai told employees at a companywide meeting on Monday, The Wall Street Journal’s Miles Kruppa reports, citing people who heard the remarks. Google parent Alphabet last week announced that it would eliminate about 12,000 jobs, or 6% of staff, its first major layoff since 2009. Reference Link