Google's Sundar Pichai receives $200 million amid mass layoffs

Google's Sundar Pichai receives $200 million amid mass layoffs

Apr 22, 2023 - 09:30
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Google's Sundar Pichai receives $200 million amid mass layoffs

California: Sundar Pichai, the CEO of Alphabet Inc, received a total compensation of about $226 million in 2022, the company’s securities filing revealed on Friday.

The amount is 800 times more than the median employee’s pay. Pichai‘s compensation included stock awards of about $218 million, the filing showed.

The sum has left many in shock as 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.

Pichai’s salary, however, has remained steady at $2 million for the past three years.

Earlier this month, hundreds of employees at the company’s London office staged a walkout 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.

With inputs from agencies

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