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Alphabet CEO Sundar Pichai reaps about US$226m in 2022 amid cost-cutting
Pichai’s compensation included stock awards of about US$218 million, the filing showed. — AFP pic

SAN FRANCISCO, April 22 — Alphabet Inc Chief Executive Sundar Pichai received total compensation of about US$226 million (RM1 billion) in 2022, more than 800 times the median employee’s pay, the company said in a securities filing yesterday.

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.

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. — Reuters

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