Alphabet CEO Pichai reaps over $300m in 2022 amid cost-cutting

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Alphabet CEO Sundar Pichai’s compensation included stock awards of about US$218 million.

Alphabet CEO Sundar Pichai’s compensation included stock awards of about US$218 million.

PHOTO: REUTERS

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SAN FRANCISCO - Alphabet chief executive Sundar Pichai received a total compensation of about US$226 million (S$301 million) in 2022, more than 800 times the median employee’s pay, the company said in a securities filing on Friday.

Mr 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.

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.

In early April, 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

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