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

Thanks to CTOnews.com netizen Brother Black fly's left hand clue delivery! On the morning of May 4, Beijing time, it was reported that Google CEO Sandal Pichai (Sundar Pichai) received a big raise last year, making him one of the highest-paid chief executives in the United States. Last week, Google's parent company, Alphabet, announced that it was authorized to push ahead with a $70 billion share buyback program (CTOnews.com Note: currently about 483.7 billion yuan). But at the same time, Alphabet has been aggressively cutting costs, including cutting 12000 jobs in response to slowing revenue growth.

This series of measures caused dissatisfaction among Google employees. In the weeks since Pichai's annual salary was announced, there has been a lot of discussion on Google's internal platform, pointing the finger at Pichai's acceptance of a raise even though the company has slashed costs. Some employees have also criticized share buybacks, which are on the same scale as in 2022.

Pichai's compensation totaled $226 million last year (currently about 1.562 billion yuan), most of which came from $218 million in stock incentives, according to SEC filings. Pichai's total salary package also includes nearly $6 million in personal security services and $2 million in base salary. By contrast, Pichai's total compensation package in 2021 was $6.3 million, including $2 million in base compensation and $4.3 million in other compensation, but no stock incentives.

Some Google employees compared Pichai's pay with other tech executives. In January, Apple chief executive Tim Cook announced that his pay would be cut by more than 40 per cent from his 2022 target. Almost at the same time, Yuan Zheng, chief executive of Zoom, announced a 98 per cent pay cut and bonus cuts after the company cut 1300 jobs. Twilio CEO Jeff Lawson (Jeff Lawson) said he would also accept a pay cut if the company laid off 17% of its staff.

According to the news, there have been more than a dozen related discussions on Google's intranet discussion board, many of which have received hundreds of likes. One post that received more than 1200 likes mentioned Ruth Porat, Alphabet's chief financial officer. Last month, she wrote in a rare company-wide email that Alphabet was pushing for cuts in employee services that "will last for years", including laptops, gym fees and cafe meals.

"Perat's cost cuts apply to all employees, except our diligent vice presidents and CEOs," it says. "

Google has yet to respond.

This is not the first time Pichai has come under fire for his recent decision. In January, Pichai said he took "full responsibility" for the situation that led to company-wide layoffs. Then, at the company's staff meeting, employees asked Pichai why executives would get a raise if he took responsibility. Pichai replied that senior vice presidents were "accepting a sharp cut in bonuses" and that he would give up the bonus himself.

Another popular picture read: "Sandal accepted $226 million, cut 12000 jobs, cut benefits, and destroyed morale and culture." The text on the other side reads: "some of you may not survive, but this is a sacrifice I am willing to make."

Pichai's money-related topics can be traced back to the end of last year. "We shouldn't always equate fun with money," he said at a company-wide meeting at the time. " At the time, he responded to why the company cancelled some employee benefits, but dodged questions about executive pay cuts.

Alphabet's $70 billion share buyback program also frustrated employees, suggesting that the company has enough cash to cover its business operations and investments. One post that received more than 700 likes read: "the $70 billion share buyback shows that we respect outside shareholders more than Google employees."

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