{"id":1039653,"date":"2026-09-30T09:15:03","date_gmt":"2026-09-30T03:45:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1039653"},"modified":"2026-09-30T09:22:12","modified_gmt":"2026-09-30T03:52:12","slug":"600-million-pay-gap-this-tech-ceo-made-6600x-more-than-his-median-employee","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/30\/600-million-pay-gap-this-tech-ceo-made-6600x-more-than-his-median-employee\/","title":{"rendered":"$600 million pay gap: This tech CEO made 6,600x more than his median employee"},"content":{"rendered":"<p>An American tech giant\u2019s annual proxy filing shed light on a staggering gap between the earnings of its top boss and the company\u2019s median employee. An official US Securities and Exchange Commission document has lifted the lid on the jaw-dropping figure as the company remains shrouded in backlash related to layoffs. <\/p>\n<p>Co-founded by billionaire Larry Ellison, Oracle has been at the centre of numerous saddening headlines this year amid a seemingly endless string of AI-driven job cuts. A separate company filing recently revealed that the workforce at the tech giant dropped by 21,000, or 13%, in the fiscal year that ended May 31. Before the massive cuts, Oracle had around 141,000 employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An American tech giant\u2019s annual proxy filing shed light on a staggering gap between the earnings of its top boss and the company\u2019s median employee. An official US Securities and Exchange Commission document has lifted the lid on the jaw-dropping figure as the company remains shrouded in backlash related to layoffs. Co-founded by billionaire Larry Ellison, Oracle has been at the centre of numerous saddening headlines this year amid a seemingly endless string of AI-driven job cuts. A separate company filing recently revealed that the workforce at the tech giant dropped by 21,000, or 13%, in the fiscal year that [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1039653","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1039653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1039653"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1039653\/revisions"}],"predecessor-version":[{"id":1039683,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1039653\/revisions\/1039683"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1039653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1039653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1039653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}