Sundar Pichai CEO of Google and Alphabet no doubt is one the most highly paid CEOs in America. He recently raised the employee pay by over $226 last year and this is a now concern among the employees.
It focuses on the cost-cutting factors and jobs-cuts which affected 12,000 people. Even if, the income of the Google CEO is come in the form of a $218 million stock buyback, every three years he receives it.
Furthermore, his base $2 million salary package, also caused employees to criticize the salary raise. Most of these employees are frustrated with this pay raise and show their frustration by using memes. One of the post texts says that “Sundar accepting $226 million while laying off 12k Googlers, cutting perks, and destroying morale and culture.”
One more post said that “Ruth’s cost savings applied to everyone… except our hardworking VPS and CEO.” Some of the employees compare to other company CEO like Tim Cook who got 40% of his total compensation for 2022, and other Zoom’s Eric Tuan who also reduced his salary by 98% and after removing 1300 jobs he rejected bonuses.
Lastly, this is not the first this kind of pay raise of Sundar Pichai comes before he fired 12000 people and release Google’s Bard AI.