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Fortune
Fortune
Christiaan Hetzner

Google middle managers hoping for a big promotion better think again

Google CEO Sundar Pichai (Credit: Hardik Chhabra—The India Today Group/Getty Images)

Google is looking to slow the pace at which middle management can climb the ranks in an effort to reduce employee salaries considered generous even by Silicon Valley standards.

A darkening macroeconomic outlook and rising pressure from shareholders has prompted CEO Sundar Pichai to apply the brakes in a move to prevent its staffing and cost base from becoming any more bloated than it already is. 

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