Amazon’s Stock Slump Is Hitting Employee Pay

It’s not just layoffs casting a cloud over


Amazon


Its share-price fall is also hitting employees’ pay, forcing the company to reassure its workers about the likelihood of a rebound. 

Amazon


‘s (ticker: AMZN) use of restricted stock units for a large part of employee compensation is leaving pay for 2023 between 15% and 50% lower than the forecasts given to workers, The Wall Street Journal reported, citing people familiar with the matter. Managers have been told to advise employees to hold on to restricted stock until there is a recovery in the company’s stock price, according to the WSJ.