News

house, structure, real estate-1353389.jpg

7 Digital Social Media Strategies for Generating Real Estate Leads

Ankur Srivastava 5 May 2023

As the real estate industry becomes increasingly competitive, it...

Amid layoffs at Google, employees have taken to sharing memes on internal platforms criticizing CEO Sundar Pichai over his massive compensation package. Pichai received a total pay of $226 million last year, which has drawn criticism from some Google employees. According to reports, one meme compares Pichai to Apple CEO Tim Cook, who took a 40% pay cut last year due to the pandemic. Another meme features the Shrek character Lord Farquaad with the caption, "Sundar accepting $226 million while laying off 12,000 Googlers." The memes come as Google recently announced plans to lay off over 12,000 contractors and temporary workers. The layoffs reportedly affected people working in areas like staffing, recruiting, and marketing, among others. It's worth noting that Pichai's pay package is largely made up of stock awards that will only be paid out if the company hits certain performance targets. However, the large compensation package has still drawn criticism from some employees, especially in light of the recent layoffs. In response to the criticism, Google spokesperson José Castañeda told Business Insider, "Compensation decisions are made through rigorous processes and reflect the responsibilities of the work." Despite the criticism, Pichai remains one of the highest-paid CEOs in the world, with a net worth estimated at around $1.2 billion.

Google employees criticize CEO Pichai’s $226 mn pay amid layoffs, share memes

Anu Priya 5 May 2023

Amid layoffs at Google, employees have taken to sharing...

Antitrust Trial DOJ Wraps Up its Case Against Google, Sundar Pichai Expected as a Witness

Who are the 2 IIT engineers Google and Apple CEOs competed to hire?

Anu Priya 5 May 2023

Two Indian Institute of Technology (IIT) engineers, Srinivasan Venkata...

Swiggy Launches Learning Station Empowering Restaurant Partners with Advanced Digital Education

Swiggy disburses ₹31 cr in claims to delivery partners in FY22-23

Anu Priya 5 May 2023

Swiggy, the Indian food delivery giant, has disbursed Rs....

LinkedIn Co-founder Reid Hoffman's startup launches 'Pi' chatbot

LinkedIn Co-founder Reid Hoffman’s startup launches ‘Pi’ chatbot

Anu Priya 5 May 2023

Inflection AI, a startup co-founded by Reid Hoffman, LinkedIn’s...

World's largest NFT marketplace OpenSea ex-exec convicted of fraud

World’s largest NFT marketplace OpenSea ex-exec convicted of fraud

Anu Priya 5 May 2023

Nathaniel Chastain, a former manager at OpenSea, the world’s...

Zerodha CEO explains a new part-time job scam after friend loses ₹5 lakh

Zerodha CEO explains a new part-time job scam after friend loses ₹5 lakh

Anu Priya 5 May 2023

Nithin Kamath, CEO of Indian brokerage firm Zerodha, has...

US Prez shares pic with next World Bank President Ajay Banga, congratulates him

US Prez shares pic with next World Bank President Ajay Banga, congratulates him

Anu Priya 5 May 2023

US President Joe Biden has taken to Twitter to...

Apple Restricts Internal Use of ChatGPT-like Technology Citing Leak Concerns, According to Leaked Document

I see a lot of Indians entering the middle class: Apple CEO

Anu Priya 5 May 2023

In a recent earnings call, Apple CEO Tim Cook...

Rekha Menon, Senior MD & Chairperson for Accenture in India to retire

Rekha Menon, Senior MD & Chairperson for Accenture in India to retire

Anu Priya 5 May 2023

On May 5, 2023, global professional services firm, Accenture,...