Alphabet CEO Pichai reaps over $200 million in 2022 amid cost-cutting


FILE PHOTO Sundar Pichai chief executive officer of Alphabet looks on during a session of the 50th World Economic Forum WEF annual meeting in Davos Switzerland January 22 2020. REUTERSDenis BalibouseFile Photo

FILE PHOTO: Sundar Pichai, chief executive officer of Alphabet, looks on during a session of the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse/File Photo

(Reuters) - 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% 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.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Leslie Adler)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In