Layoffs of 12,000 Staff, Google Boss Receives 800 Instances Severance Wages

Jakarta, CNBC Indonesia – Alphabet Inc (GOOGL.O) CEO Sundar Pichai will obtain a complete compensation of round $226 million or the equal of IDR 3.3 trillion (assuming an alternate charge of IDR 14,967 per US greenback) in 2022. This determine is greater than 800 occasions the typical severance pay that staff obtain Google is affected by the layoff coverage.

This was conveyed by the corporate in an data disclosure on the inventory alternate on Friday (21/4/2023) yesterday. Alphabet is the mother or father firm of Google, the world’s largest know-how firm.

Reporting from Reuters, in his report, Pichai’s compensation included a share award of round $218 million or the equal of Rp.3.2 trillion.


The pay hole comes at a time when Alphabet, Google’s mother or father firm, has been slashing jobs globally, the Mountain View, California-based firm introduced plans to chop 12,000 jobs worldwide in January, equal to six% of its international workforce.

Earlier this month, tons of of Google staff went on strike on the firm’s London workplaces following a row over layoffs.

In the meantime in March, Google staff went on strike on the firm’s Zurich workplace after greater than 200 staff have been laid off.

On common, Google staff who’ve been laid off obtain severance pay of US$ 280,000 or round Rp. 4.1 billion. Which means Google Boss Pichai obtained compensation 800 occasions higher than the severance pay of the staff he laid off.

Pichai’s earnings is even increased amidst Google’s huge effectivity insurance policies. All through 2021, he “solely” obtained round IDR 89.1 billion after receiving IDR 109.8 billion in 2020.

[Gambas:Video CNBC]

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