The Wall Street JournalThe Wall Street Journal

Tech workers aren’t as rich as they used to be

By Rachel Louise Ensign

07 May 2023 · 4 min read

Stock typically makes up a large portion of tech workers' pay. But the boom-time gains have evaporated along with tech companies' stock-price declines. The WSJ reports.

Curated by informed

Tommy York grew up in San Francisco but was far from his goal of saving enough money to buy a home in the uber pricey market—until he landed an engineering job at Google.

It was December 2021, and the shares of Google parent Alphabet had just hit a record high. Mr. York’s pay package included a $175,000 stock grant to be paid out over four years. The success of the $2 trillion company would be his, too.

The news, curated.

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