Alphabet CEO Pichai reaps over $200 million in 2022 due to cost cutting

April 21 (Reuters) – Alphabet Inc ( GOOGL.O ) Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median salary of employees, the company said in a securities filing on Friday.

Pichai̵[ads1]7;s compensation included stock awards of about $218 million, the filing showed.

The pay gap comes at a time when Alphabet, the parent company of Google, has cut jobs globally. The Mountain View, Calif.-based company announced plans to cut 12,000 jobs around the world in January, equivalent to 6% of its global workforce. .

Earlier 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.

Reporting by Rishabh Jaiswal in Bengaluru; Editing by Leslie Adler

Our standards: Thomson Reuters Trust Principles.

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