As 's parent company Alphabet prepares to undertake cost-cutting measures, the company's lavish compensation packages for top execs are under new scrutiny.
Alphabet on Tuesday reported that revenue growth has decelerated to its slowest pace in two years -- but the company's shares posted their best day of the year on Wednesday as executives vowed to cut costs.
Alphabet CEO Sundar Pichai and other top executives offered assurance on an earnings call that the company intended rein in spending in the months ahead - a commitment likely to bolster profits even if revenue growth continues to falter.
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