Google parent Alphabet rejects shareholder plan to break up company

Google parent Alphabet Inc. faced a wave of critical proposals from activists and employees during its annual shareholder meeting Wednesday, including one to split up the internet search and ad-selling giant before regulators break it into pieces.

None of the handful of proposals was passed according to a preliminary tally, but they illustrate rising discontent among some investors and the rank-and-file over the company on several fronts, such as sexual harassment risk management, inequitable employment practices, and backlash to Google’s search work in China. One proposal sought to put an employee representative on the board.

In shareholder materials, Alphabet said its current policies address the proposed measures.

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