Alphabet CEO Pichai reaps over $2m in 2022 amid cost-cutting

Alphabet Inc chief executive Sundar Pichai received a total compensation of about $226 million in 2022, more than 800 times the median employee’s pay, the company said in a securities filing yesterday.

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 six percent 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.

- Reuters