According to a securities filing on Friday, Alphabet CEO Sundar Pichai received total salary of around $226 million in 2022, which is more than 800 times the typical employee’s wage.
According to the filing, Pichai’s pay included stock awards worth around $218 million .
The salary disparity comes at a time when Alphabet, Google’s parent company, has been reducing positions globally. In January, the Mountain View, California-based business revealed intentions to lose 12,000 jobs globally, equivalent to 6% of its global workforce.
Following a disagreement about layoffs, hundreds of Google employees staged a walkout at the company’s London headquarters earlier this month.
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Google employees staged a walkout in March at the company’s Zurich headquarters after more than 200 employees were put off.
Meanwhile, the corporation is trying hard to differentiate its chatbot Bard from the competition. Google revealed on Friday that Bard, its generative artificial intelligence (AI) chatbot, will assist individuals in writing code to develop software, as the tech giant tries to catch up in a fast-moving race on AI technology.
According to Google, Bard will be able to code in 20 programming languages, including Java, C++, and Python, and will also be able to debug and explain code to users.
According to the business, Bard can also optimize code to make it faster or more efficient by asking basic questions like “Could you make that code faster?”
Bard is currently available to a limited number of users who can interact with the bot and ask inquiries instead of using Google’s traditional search interface.