Facebook’s parent company Meta and Google’s parent company Alphabet have collectively laid off thousands of employees till now. However, despite the mass layoffs, the companies were amongst the top three paying companies last year, a new report states.

Meta and Alphabet amongst top payers
According to a Business Insider report originally attributed to The Wall Street Journal, Meta and Google were among the top paying public companies in 2022.

The report further added that WSJ used the data collected by MyLogIQ, a company that analyzes public companies’ financial information, to find out the median salaries of 278 companies that are part of S&P 500.