x

Amazon to reduce employee stock awards in 2025 after mass sacking

Shortpedia

Content Team
Image Credit: times now news

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"