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.
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
