Alphabet boss Pichai earned $226m in 2022 despite cost-cutting and layoffs

The CEO's pay is 800 times more than the median employee's salary

By Reuters

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Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, on October 3, 2019.  — Reuters
Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, on October 3, 2019. — Reuters

Published: Sat 22 Apr 2023, 2:57 PM

Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee's pay, the company said in a securities filing on Friday.

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

The pay disparity comes at a time when Alphabet, the parent company of Google, has been cutting jobs globally, The Mountain View, California-based company announced plans to cut 12,000 jobs around the world in January, equivalent to 6 per cent of its global 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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