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Google cuts 12000 jobs worldwide, but CEO earns as much as $226 million a year

2025-03-30 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Xiao Zhan for the clue delivery! CTOnews.com, April 23 (Reuters)-Sundar Pichai, CEO of Google's parent company Alphabet, received a total compensation of $226 million in 2022 (CTOnews.com Note: about 1.557 billion yuan), more than 800 times the company's median employee salary. Most of Pichai's revenue comes from stock awards, which is about $218 million. That figure was only $6.5 million in 2021 when there were no stock awards.

Pichai, an Indian-born American business executive, joined Google in 2004, responsible for product management and innovation, and launched Google browser Chrome, Google cloud hard drive, Android and other products. He was appointed CEO of Google in 2015 and became CEO of Alphabet in 2019.

However, Pichai's high salary caused some controversy because Alphabet made large-scale layoffs in 2022 to reduce costs. It is reported that the company announced plans to cut 12000 jobs worldwide in January, accounting for 6 per cent of its total workforce. In addition, the company also faces employee protests and strikes. In early April, hundreds of employees went on strike at Google's office in London after the company laid off more than 200 employees. A similar strike took place in Google's office in Zurich in March.

Pichai's attitude towards layoffs is not clear. He said in an interview that he understands employees' grievances and concerns, but he also believes that the company needs to make some adjustments and optimizations to adapt to changes in the market and competition. He also said that he would try his best to ensure transparency and fairness in the layoff process, and give some compensation and help to the laid-off employees.

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