<ul><li>Sundar Pichai, CEO of Google's parent company Alphabet, will take a pay cut as part of the company's cost cutting measures.</li><li>Top Google executives will also experience significant reductions in their annual bonuses.</li><li>The pay cuts are linked to the company's performance for senior roles.</li><li>The news comes after Google announced the largest round of layoffs in the company's history and amid similar downsizing measures from other tech giants like Microsoft, Amazon, and IBM.</li></ul>

Google CEO Sundar Pichai to experience significant reduction in salary following layoffs of 12,000 employees

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