No Bonus Freeze At Google
The highest bonus of $1.638 million was awarded to Executive Officer Jonathan Rosenberg. Fellow officers Robert A. Eustace and Omid Kordestani received payments of $1.376 million each, while Patrick Pichette earned $1.244 million. George Reyes, Google's former senior vice president and chief financial officer, also received $675,000.
No bonus compensations went to CEO Eric Schmidt or co-founders Sergey Brin and Larry Page.
The bonuses follow a beginning of the year in which Google cut back on employee head count. During the first two months of the year, Google laid off workers when it fired 100 recruiters and 40 people tied to its broadcast radio ad business.
According to a Google blog posted by Laszlo Bock, vice president of People Operations, "Google is still hiring but at a reduced rate. Given the state of the economy, we recognized that we needed fewer people focused on hiring. Our first step to address this was to wind down almost all our contracts with external contractors and vendors providing recruiting services for Google. However, after much consideration, we have with great regret decided that we need to go further and reduce the overall size of our recruiting organization by approximately 100 positions."