Amazon plans to reduce employee stock awards after mass layoffs Forever NEWS
San Francisco, April 6 (IANS) After mass layoffs, Amazon now reportedly plans to reduce the number of stock awards for employees in 2025. According to Insider, this move signals a potentially major shift in Amazon’s approach to compensation. Citing an internal memo, the report said that Amazon has told managers that employee stock awards, called restricted stock units or RSUs, for 2025 “will be reduced due to the economic climate and company budget”. Amazon will reevaluate the 2025 compensation in the first quarter of next year to “plan for stock variation”. The “final outlook year” refers to 2025, given the…
