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Amazon can cut the salary of some employees by up to 50 percent

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Amazon can cut the salary of some employees by up to 50 percent

Feb 22, 2023 at 05:43 pm
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Amazon can cut the salary of some employees by up to 50 percent
Amazon shares down more than 35 percent in 2022

Amazon can cut the salary of some of its employees by up to 50 percent. Amazon has taken this decision after the fall in the company's shares.

Bloomberg According to, Amazon has issued Restricted Stock Units (RSU) to its employees working in high positions.

Employees are motivated to work through RSU. When employees and departments perform well, the company's stock will also rise.

Instructions given to the managers of the company

Bloomberg According to Amazon, to address the pay shortfall, Amazon's human resources department has sent a document to managers, training employees on how they can improve the company's stock.

The managers have also been instructed to keep existing employees till the company's stock prices improve.

Amazon shares are down about 35 percent in 2022 for a variety of reasons.

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Ravinder
Ravinderhttps://hif7.com
More than 6 years of experience in Digital Journalism. I write on political and tech topics. Follow for regular updates of country, foreign and tech news.
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