Tag: Sundar

  • Sundar Pichai took home $226 mn in 2022 amid layoffs at Google

    Sundar Pichai took home $226 mn in 2022 amid layoffs at Google

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    San Francisco: Amid job cuts at Google’s parent company Alphabet, its CEO Sundar Pichai took home a whopping compensation of nearly $226 million in 2022.

    According to the tech giant’s filing with the US Securities and Exchange Commission (SEC), Pichaia’s compensation included stock awards of about $218 million.

    Pichai’s salary, however, has remained steady at $2 million for the past three years, according to reports.

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    On January 20, Google CEO confirmed in a letter to employees that about 12,000 people will be laid off globally, accounting for more than 6 per cent of the total workforce.

    Amid layoffs, tech giant Google is also creating several cost-cutting measures such as cutting down on free snacks and workout classes for its existing employees, the media reported.

    The company’s micro kitchen that provides free snacks like cereal, espresso, and seltzer water have been closed on days that typically have a significantly lower volume.

    The company also discontinued spending on personal equipment like laptops, according to an internal memo.

    Tech giant Google also informed its employees via an email that fewer of them will be promoted to more senior levels this year as compared to the past.

    Google India terminated more than 400 employees and some of the impacted workers took to LinkedIn to share their plight.

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    ( With inputs from www.siasat.com )

  • Khushbu Sundar nominated as member of National Commission for Women

    Khushbu Sundar nominated as member of National Commission for Women

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    Chennai: Tamil Nadu Bharatiya Janata Party president K. Annamalai on Monday said that actor-turned-politician and BJP national executive member, Khushbu Sundar has been nominated as a member of the National Commission for Women.

    The order issued by the NCW Director said that the nomination is for a period of three years from the date of assumption of charge or till the age of 65 years, whichever is earlier.

    Annamalai in a tweet congratulated Khushbu on her nomination for the post of NCW member.

    He said: “It is a recognition of her relentless pursuit and fight for women’s rights!”

    Khushbu in her response said that Annamalai has always been a great encouragement to her.

    Khushbu has been in the news for her outbursts against rival political leaders.

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    #Khushbu #Sundar #nominated #member #National #Commission #Women

    ( With inputs from www.siasat.com )

  • YouTube Shorts now averaging over 50 bn daily views: Sundar Pichai

    YouTube Shorts now averaging over 50 bn daily views: Sundar Pichai

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    New Delhi: YouTube Shorts, Google’s answer to TikTok, is now averaging over 50 billion daily views, up from 30 billion that was last reported, Alphabet and Google CEO Sundar Pichai has announced.

    Pichai said that this performance will reward creators and help improve the Shorts experience for everyone.

    “Our subscription business continues to grow, with YouTube Music and Premium surpassing 80 million subscribers, including trials. Together with our YouTube Primetime channel subscriptions and YouTube TV, we have good momentum here,” Pichai said during the analysts’ call late on Thursday.

    In December, the National Football League announced YouTube will pay around $2 billion a year for rights to the “Sunday Ticket”.

    According to Pichai, YouTube’s NFL Sunday Ticket will help acedrive subscriptions, bring new viewers to YouTube’s paid and ad-supported experiences, and create new opportunities for creators”.

    YouTube advertising revenue was $7.96 billion — down 8 per cent from $8.63 billion the year prior — in the December quarter.

    “Beyond our advertising business, we have strong momentum in Cloud, YouTube subscriptions, and hardware. However, our revenues this quarter were impacted by pullbacks in advertiser spend and the impact of foreign exchange,” said Pichai.

    He said there are many opportunities to build on the progress at YouTube over the years, starting with Shorts monetisation.

    “Overall, I see this as an important journey to re-engineer the company’s cost base in a durable way,” said Pichai.

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    #YouTube #Shorts #averaging #daily #views #Sundar #Pichai

    ( With inputs from www.siasat.com )