It’s not just layoffs that create a cloud over
Amazon
com. Falling stock prices also hit employee pay, forcing the company to reassure employees of resilience.
Amazon
The use of restricted stock units of (ticker: AMZN) for a large portion of employee compensation is causing wages for 2023 to be 15% to 50% lower than forecast for employees. Labor, The Wall Street Journal report, citing people familiar with the matter. According to the WSJ, managers have been asked to advise employees to hold off on restricted stock until the company’s share price recovers.
