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Alphabet CEO Pichai received $226m amid staff layoffs

Alphabet CEO Sundar Pichai to meet EU Chief May 24

Alphabet CEO Sundar Pichai received around $226 million in total compensation in 2022, more than 800 times the median employee’s pay, the company revealed in a securities filing on Friday.

According to the filing, Pichai’s pay includes approximately $218 million in stock awards.

The salary disparity comes at a time when Alphabet, Google’s parent company, has been reducing positions globally. In January, the Mountain View, California-based business revealed intentions to lose 12,000 jobs globally, equivalent to 6% of its global workforce.

Following a disagreement about layoffs, hundreds of Google employees staged a walkout at the company’s London headquarters earlier this month.

Google employees staged a walkout in March at the company’s Zurich headquarters after more than 200 employees were put off.

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