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Friday, 29 March, 2024

Amazon's Senior Employees May Not Receive Cash Pay Raise This Year

Amazon's Senior Employees May Not Receive Cash Pay Raise This Year

Amazon is reportedly considering withholding cash pay raises for its senior employees this year. The decision comes amid the company's focus on cost-cutting measures and reallocating resources to other areas. While stock-based compensation remains a possibility, the absence of cash pay raises for senior staff reflects Amazon's strategic approach to managing expenses and adapting to changing market dynamics in the technology sector.

Read full story at Economic Times

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