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



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

By 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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