The recent job cuts at Google‘s parent company Alphabet have caused concern among employees and industry experts alike. Amidst this, it has been reported that CEO Sundar Pichai received compensation of nearly $226 million in 2022, primarily due to stock awards. However, his salary has remained unchanged at $2 million for the past three years.
While Google layoffs have frustrated employees, CEO Sundar Pichai takes a fat amount of compensation in 2022
The layoff announcement, which affects over 6% of Google‘s total workforce, has sparked debates on the company’s cost-cutting measures. Some of these measures include reducing or discontinuing free snacks, workout classes, and personal equipment spending for existing employees. These changes have caused frustration and concern among the employees who rely on these benefits.
In addition, Google India also terminated more than 400 employees, which led to impacted workers sharing their experiences on LinkedIn. This has raised questions about the company’s policies and practices towards employee well-being and job security.
Overall, the recent events at Google and Alphabet highlight the challenges and complexities of managing a large tech corporation, especially during times of economic uncertainty and market disruption. It remains to be seen how Sundar Pichai and his company will navigate these challenges and ensure the well-being of its employees and stakeholders.