it would spent more than $1 billion on pay raises for more than half a million of its U.S. operations workers.in the third quarter. The Amazon founder will turn the helm over to AWS CEO Andy Jassy and transition into the role of executive chairman of Amazon's board. This quarter, Bezos made broad promises to do better by Amazon's employees inInvestors are also watching for any hints on timing for this year's Prime Day.
reported earlier this month that Amazon may hold Prime Day in June, possibly to boost year-over-year comparisons for revenue in the second quarter.
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