Alphabet CEO earns more than $220m despite cost-cutting

Alphabet CEO earns more than 0m despite cost-cutting

Alphabet Inc chief government Sundar Pichai earned about $US226 million ($A338 million) in complete compensation final yr – greater than 800 instances the median worker’s pay, an organization securities submitting reveals.

Pichai’s compensation included inventory awards of about $US218 million ($A326 million), the submitting confirmed.

The pay disparity comes at a time when Alphabet, the father or mother firm of Google, has been slicing jobs globally.

The Mountain View, California-based firm introduced plans to chop 12,000 jobs around the globe in January, equal to 6 per cent of its world workforce.

Early this month, lots of of Google workers staged a walkout on the firm’s London workplaces following a dispute over lay-offs.

In March, Google workers staged a walkout on the firm’s Zurich workplaces after greater than 200 employees have been laid off.

Source: www.perthnow.com.au