![]() They ran a very smooth operation and even interviewed candidates inside the office. In 2011, few job racketeers managed to gain entry into the campus of a leading IT company by misusing the vendor entry cards issued by the company. When you reach the company office on the joining date, you are informed that the job offer is fake. ![]() The consultant charges you hefty fees and gets you the job offer letter. After that, a company representative interviews you. You go to the company office where the consultant makes you meet a representative in person. The consultant asks you to submit your original documents with the company. WATCH: A.I.NEW DELHI: You get a call from a jobs consultant promising you an interview at a reputed IT company. A recent meme that was liked more than 700 times read, "$70 billion in buybacks shows we respect external shareholders more than Googlers." Some of the frustration is being directed at Google's plan to repurchase $70 billion in stock, a sign the company has more than enough cash to cover its operations and investments. The topic of Pichai and money has been a controversial one dating back to late last year, when the CEO said at a companywide meeting that "we shouldn't always equate fun with money." At the time, he was responding to certain perks the company was eliminating, but he dodged employee questions about cutting executive compensation. In the computer-animated fantasy from 2001, Lord Farquaad is the ruler of Duloc who exiles many fairytale creatures to the swamp. ![]() Pichai responded by saying that senior vice presidents are taking "significant reductions to their bonuses" and that he was forgoing his bonus.Īnother popular meme showed an image of Shrek character Lord Farquaad with the text "Sundar accepting $226 million while laying off 12k Googlers, cutting perks, and destroying morale and culture." A quote from the character read, "some of you may die, but that is a sacrifice I am willing to make." In January, Pichai said he took "full responsibility" for conditions that led to the companywide layoffs.Īt an all-hands meeting, employees asked Pichai why executives are getting pay cuts if he's taking responsibility. It's not the first time Pichai has been under fire for his recent decision making. Google didn't provide an on-the-record comment for this story. "Ruth's cost savings applied to everyone… except our hardworking VPS and CEO," the meme said. CNBC found cuts ranged from employee laptops and expenses to fitness classes and cafe items. One meme with more than 1,200 likes referred to comments from finance chief Ruth Porat, who wrote last month in a rare companywide email that the company is making "multi-year" cuts to employee services. More than a dozen memes from employees have filled Google's internal discussion forums, many with several hundred likes, according to posts viewed by CNBC. Twilio CEO Jeff Lawson said he'd also be taking a pay cut amid a 17% workforce reduction. Around the same time, Zoom CEO Eric Yuan said he would reduce his salary by 98% and decline his bonus after the company cut 1,300 jobs. Memes began circulating comparing Pichai to Apple CEO Tim Cook, who in January received over a 40% cut from his 2022 target total compensation. In 2021, Pichai received a total of $6.3 million, consisting of a $2 million salary and $4.3 million in other compensation. His 2022 package included nearly $6 million for personal security and a $2 million base salary. The last time he received the award, in 2019, it was for $276.6 million and total compensation was $280.6 million. SEC filings showed Pichai was paid a total of $226 million last year, mostly through a $218 million stock award, which he receives every three years. Some employees also criticized the share repurchase, which equaled its 2022 buyback. In the weeks since Pichai's annual compensation was made public, internal Google platforms have filled with conversations and memes slamming the CEO for taking a pay bump while slashing costs elsewhere. That confluence of events has raised the ire of Google's workforce. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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