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After Laying Off 12,000, Google to cut executive bonuses 💸

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After Laying Off 12,000, Google to cut executive bonuses 💸

The Daily Top 7 News and Trends

Jan 24, 2023
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After Laying Off 12,000, Google to cut executive bonuses 💸

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The NextBigWhat newsletter brings you curated and summarized business and tech news every day. Stay up to date on the TOP 7 trends and news in just two minutes!

Get big ideas that inspire you on the newly launched #BigIdeas podcast by NextBigWhat, which you can subscribe to on your favourite podcast platform.

(BIG)Idea of the day

If you want a different life, you must be a different person.

From: Willpower Doesn't Work - Benjamin Hardy. Read key ideas from the book on NextBigWhat.

Here are today’s Top 7 news:

1. Amazon and Stripe partner to accelerate ecommerce and streamlines online payments

  • Stripe will now work closely with Amazon to handle payments across all of its businesses, including Prime, Audible, Kindle, Amazon Pay, Buy With Prime, and more, in the US, Europe, and Canada.

  • In order to operate and expand its business while reliably serving millions of internet enterprises, Stripe will increase its use of Amazon Web Services.

    Share NextBigWhat


2. India’s Education Ministry’s app Diksha exposed millions of students’ data for over a year

  • Millions of students’ and teachers’ personally identifiable information have been made available for over a year thanks to an app run by the Indian Education Ministry, constituting a severe security breach.

  • Diksha’s data was stored on a cloud server that had been left unencrypted, making millions of people’s data vulnerable to hackers.


3. Google to cut executive bonuses, CEO Sundar Pichai announces

  • Google had announced the largest round of layoffs in its history.

  • Executive bonuses will be reduced as a result. CEO Sundar Pichai confirms the news.


4. Ford announces thousands of job cuts in Europe, focusing on EV development

  • Ford Motor Company plans to cut thousands of jobs in Europe, mainly in vehicle development.

  • Most job cuts will take place in Germany and the UK, but other facilities may be affected too.

  • Ford is shifting its production strategy to larger vehicles and EVs. Unions in Europe are threatening to step in following news of the job cuts.


5. Blockchain skills are in high demand, with 552% increase in 2022

  • Report based on 209,249 coding tests sent through the DevSkiller platform to candidates from 54 countries.

  • Demand for blockchain skills has increased by 552% in 2022. Findings provide insight into the current job market.


6. Zomato to hire 800 people, announces CEO Deepinder Goyal

  • Zomato is looking to hire 800 people across five different roles.

  • CEO Deepinder Goyal made the announcement in a LinkedIn post, saying if anyone knows someone suitable for any of these roles, they are encouraged to tag them in the thread.


7. Netflix and Bumble partner to help users bond over popular TV shows

  • Bumble launches a weekly in-app Netflix-themed question game called “Netflix Nights In”.

  • The game asks users questions about a popular Netflix show.

  • Users can play against their match to see who can answer all the questions correctly.


From NextBigWhat:

Three mindsets to make your life better:

  • Abundance mindset

  • Positive mindset

  • Growth mindset

Self-discipline is a muscle that gets stronger the more you use it.

Read more here: Getting Results the Agile Way - J. D. Meier

For tech, startup, and business news-on-the-go, download Pluggd.in, the short news app for busy, ambitious professionals.

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After Laying Off 12,000, Google to cut executive bonuses 💸

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