The process of laying off 12,000 people is going on in Google. Meanwhile, there is news that in 2022, the company’s CEO Sundar Pichai has received 800 times more payment than the salary of a common employee.
Google’s parent company Alphabet Inc had announced the layoff of 12,000 people in January this year. The company had talked about the removal of employees from the job to control the decreasing profits, rising costs and expenses. This process is still going on, meanwhile, the details of the total payment received by Alphabet CEO Sundar Pichai in 2022 have been revealed, which is 800 times the average salary of Google employees.
Sundar Pichai has received a total payment of $ 226 million (about Rs 1,855 crore) in 2022. However, a major part of this is from the earnings he earned from the company’s shares. The company has given details about this to the American stock market.
Sundar Pichai got shares worth crores
Stock options are also included in the salary of Google CEO Sundar Pichai. In such a situation, the stock reward in his total payment has been around $ 218 million (i.e. around Rs 1,788 crore).
However, if seen from the point of view of salary, Sundar Pichai’s salary has remained at the same level for the last 3 years. There was no change in this. At the level of CEO, he gets stock reward every 3 years, that’s why he got such a huge payment in 2022. Earlier in 2019 also, he got similar huge payment.
Demonstration of employees regarding the difference in salary
These figures related to Sundar Pichai’s salary have been released by the company at a time when Google employees in different countries of the world are protesting about the difference in salary, cost cutting and retrenchment. Earlier this month, hundreds of employees demonstrated outside the company’s London office regarding layoffs.
read this also:
Earlier in March, employees demonstrated after more than 200 people were laid off in Google’s Zurich office. In recent times, the payment of CEOs of tech companies is becoming a big issue. Apple CEO Tim Cook has cut his salary for 2023, while for the last two consecutive years he is taking a payment of $ 100 million (about Rs 820 crore).