Steve Taylor/SOPA Images/LightRocket via Getty Images(NEW YORK) While some tech giants neared or imposed widespread layoffs last year, compensation for their CEOs climbed as much as tens of millions of dollars, according to an ABC News analysis of data released by research firm Equilar in May and June.
Alphabet CEO Sundar Pichai was awarded compensation worth more than $225 million in 2022, which marked a staggering 3,474% increase from the previous year, making him the nation s highest-paid CEO, according to Equilar data.
Near the outset of 2023, Alphabet announced plans to lay off 10,000 workers.
At Microsoft, which initiated plans to lay off 10,000 workers in January, CEO Satya Nadella received compensation worth nearly $55 million in 2022 a 10% jump from the prior year, the data showed.
Meta, Uber and Salesforce are also among more than a dozen tech companies that gave their CEOs a compensation increase last year, despite announcing layoffs at some point since the start of
CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows woad.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from woad.com Daily Mail and Mail on Sunday newspapers.
CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows wntxradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wntxradio.com Daily Mail and Mail on Sunday newspapers.
Steve Taylor/SOPA Images/LightRocket via Getty Images(NEW YORK) While some tech giants neared or imposed widespread layoffs last year, compensation for their CEOs climbed as much as tens of millions of dollars, according to an ABC News analysis of data released by research firm Equilar in May and June.
Alphabet CEO Sundar Pichai was awarded compensation worth more than $225 million in 2022, which marked a staggering 3,474% increase from the previous year, making him the nation s highest-paid CEO, according to Equilar data.
Near the outset of 2023, Alphabet announced plans to lay off 10,000 workers.
At Microsoft, which initiated plans to lay off 10,000 workers in January, CEO Satya Nadella received compensation worth nearly $55 million in 2022 a 10% jump from the prior year, the data showed.
Meta, Uber and Salesforce are also among more than a dozen tech companies that gave their CEOs a compensation increase last year, despite announcing layoffs at some point since the start of