Google faces backlash as it lays off 12,000 workers to save costs while paying CEO Sundar Pichai an exorbitant $226 million salary package in 2022.
Desk: In January of this year, Google, the multinational technology giant, laid off around 12,000 workers. The company cited cost-saving measures as the reason for the mass layoffs. However, new data has come to light that has raised questions about the fairness of this decision.
According to the latest reports from the US Securities and Exchange Commission (SEC), Google CEO Sundar Pichai received a whopping $226 million in 2022. This massive pay package included shares worth approximately $218 million.
The news of Pichai’s exorbitant salary has caused outrage, especially considering the recent layoffs. Many are wondering why Google would lay off so many workers while paying its CEO such an astronomical amount.
The layoffs were reportedly made in response to economic uncertainty around the world. However, it seems that the cost-cutting measures did not apply to the company’s top executives.
The news of Pichai’s salary has sparked a debate about income inequality and the treatment of workers in the technology industry. Many are calling for greater transparency and accountability from companies like Google.
The company has yet to comment on the matter, but the news has undoubtedly caused a stir in the tech world. As the debate continues, it remains to be seen how Google will respond to the criticism.
(Written by News Desk using information from different news sources available on internet and Twitter.)
