Alphabet CEO Pitchai Pockets US$226 Million In 2022 Amidst Cost Cutting

Alphabet CEO Sundar Pichai received total compensation of about US$226 million in 2022, more than 800 times the median employee’s pay, the company said in a securities filing on Friday (Apr 21).

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

The pay disparity comes at a time when Alphabet, the parent company of Google, has been cutting jobs globally. 

It announced plans to cut 12,000 jobs around the world in January, equivalent to 6 percent of its global workforce.

Earlier 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.

Source: Reuters

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