While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive.
Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are getting paid crumbs in comparison: https://www.npr.org/2023/03/25/1166059832/googles-ghost-work...