Amid cost-cutting measures and job cuts at Google’s parent company Alphabet, its CEO Sundar Pichai received a total compensation of almost $226 million in 2022, mostly from stock awards. However, Pichai’s salary has remained the same for the past three years at $2 million.
On January 20, Google’s CEO confirmed the layoff of over 12,000 employees worldwide, amounting to more than 6% of the total workforce. In addition to layoffs, Google is reducing perks like free snacks and workout classes for employees.
The company has also stopped spending on personal equipment and informed employees that fewer of them will be promoted to senior positions this year. Google India also terminated more than 400 employees, and some affected workers shared their experiences on LinkedIn.
