Alphabet CEO Pichai reaps over $200 mn amid cost-cutting

Wednesday 03rd May 2023 05:56 EDT
 

Sundar Pichai, CEO of Alphabet Inc., got compensation of roughly $226 million in 2022, more than 800 times the median employee wage, the firm reported in a securities filing.

Pichai’s compensation included stock awards of about $218 million, the filing showed.

The salary gap occurs at a time when Google's parent firm, Alphabet, has been laying off workers all around the world. In January, the Mountain View, California-based corporation revealed plans to eliminate 12,000 jobs globally, or 6% of its total workforce.

Early this month, hundreds of Google employees staged a walkout at the company’s London offices following a dispute over layoffs. In March, Google employees staged a walkout at the company’s Zurich offices after more than 200 workers were laid off.


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