Amazon plans to reduce employee stock awards in 2025 - Business Insider

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Amazon.com Inc is trimming the number of shares it plans to give employees as part of their 2025 compensation, Business Insider reported on Wednesday, citing a memo.

The economic climate and company budget were behind reductions to the 2025 employee stock awards, called restricted stock units , Amazon told managers, according to the report.

The memo cited by Insider also mentioned a possible change in Amazon's pay model that would give staff more cash, which could make up for any potential weakness in its stock price.Amazon will reevaluate the 2025 compensation in the first quarter of next year to "plan for stock variation", Insider said, citing another internal document.another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines