Amazon's corporate employees will be paid up to 50% less in 2023 because of its falling stock price, report says

Some Amazon corporate employees will be be paid as much as 50% less than previously expected in 2023 because of the company's falling stock price, the Wall Street Journal reported on Monday. Salaries this year are likely 15% to 50% lower than the estimations given to Amazon staff, people familiar with the matter told the Journal. Employees' annual salaries are generally made up of cash compensation and awards of restricted stock units, but because of the 35% decline in Amazon's stock this year, total compensation is set to drop sharply.

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