On one hand, Google is cutting the salary of its employees, its CEO earned about 19 billion rupees last year. Google’s 44-year-old Indian-origin CEO Sundar Pichai has received a salary of around $ 226 million, or Rs 18.54 billion, in the year 2022. This amount was 800 times more than the salary of a normal employee.
It is being said that Google’s Compensation Committee has given such a huge salary for his promotion to the post of CEO and the successful launching of many products. Under Pichai’s leadership, Google profited from its flagship advertising and YouTube business. During this time the company has also invested in machine learning, hardware, and cloud computing. At the same time, the company has told that Pichai got so much salary due to the stock award. His salary includes approximately $218 million i.e. Rs 17.88 billion in stock awards.
Google’s parent company Alphabet is cutting jobs globally. The Mountain View, California-based company announced in January that it would cut 12,000 jobs worldwide, equivalent to 6 percent of its global workforce.
Significantly, earlier this month hundreds of Google employees resigned from the company’s London office following a dispute over layoffs.
