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Stockreport

Amazon's senior employees may not get a cash pay raise this year [Reuters]

Amazon.com, Inc. (AMZN)  More Company Research Source: Reuters
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
March 27 (Reuters) - Amazon.com Inc (AMZN.O) , opens new tab said on Wednesday its senior employees, whose compensation includes more stock-related awards than cash, may not receive a cash pay raise this year. "For this year's compensation cycle, we are prioritizing cash base pay increases for employees whose compensation is weighted more heavily in base pay as opposed to stock," an Amazon spokesperson said in an emailed statement. Some of these top employees' compensation, however, will meaningfully exceed that of last year due to growth in the e-commerce giant's stock price over the past year, the spokesperson added. The stock surged 81% in 2023, and climbed over 18% so far this year, as of last close. Despite the strong performance, Amazon began the year by shedding jobs across several divisions. Aiming to slash costs, the company had cut more than 27,000 jobs and trimmed stock awards last year. The pay raise matter was first reported by Fortune. The Reuters Daily Brie [Read more]
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Stockreport

Amazon's senior employees may not get a cash pay raise this year [Reuters]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Reuters
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
March 27 (Reuters) - Amazon.com Inc (AMZN.O) , opens new tab said on Wednesday its senior employees, whose compensation includes more stock-related awards than cash, may not receive a cash pay raise this year. "For this year's compensation cycle, we are prioritizing cash base pay increases for employees whose compensation is weighted more heavily in base pay as opposed to stock," an Amazon spokesperson said in an emailed statement. Some of these top employees' compensation, however, will meaningfully exceed that of last year due to growth in the e-commerce giant's stock price over the past year, the spokesperson added. The stock surged 81% in 2023, and climbed over 18% so far this year, as of last close. Despite the strong performance, Amazon began the year by shedding jobs across several divisions. Aiming to slash costs, the company had cut more than 27,000 jobs and trimmed stock awards last year. The pay raise matter was first reported by Fortune. The Reuters Daily Brie [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS