Google CEO Sundar Pichai received $226 mn compensation

Alphabet Inc Chief Executive Officer Sundar Pichai has received total compensation of about $226 million in 2022.
Google South KoreaSundar Pichai’s compensation included stock awards of about $218 million, the company said in a securities filing on Friday.

The Mountain View, California-based company announced plans to cut 12,000 jobs around the world in January, equivalent to 6 percent of its global workforce.

Google in a recent report said it would incur employee severance and related charges of $1.9 billion to $2.3 billion, the majority of which will be recognized in the first quarter of 2023.

Google also said it would incur exit costs relating to office space reductions of approximately $0.5 billion in the first quarter of 2023.

Early this month, hundreds of Google employees staged a walkout at the company’s London offices following a dispute over layoffs.

In March, Google employees staged a walkout at the company’s Zurich offices after more than 200 workers were laid off.

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