In 2025 Amazon will be cutting compensation targets. A 25% RSU cut has been confirmed. 😔
What is ur source op?
I know you’re joking but with the noticeable drop in product experience, cutting features/services etc to the point I’ve seen threads about dropping prime membership on popular forums and thought about doing so myself - I’m genuinely curious if they’ve finally decided to unwind and shut down retail. Turns out interest rates going up is enough for a company to disembowel itself
don’t they lease a bunch of planes and own a huge warehouse outside of every population center? what are they going to do with that capex?
🥫?
It's just to limit upside as they feel the stock is artificially low right now and don't want to pay excessively in 2025 when things may be back on track. In 2024 comp review, 2025 RSU grants will be re-evaluated as the next two years always are, and additional grants will be made if necessary.
Lol. What if the stock goes lower?
Many think Amazon is overvalued
🍌🍌🍌
I’ve seen the PCS. This is accurate.
Can you please let explain? If it is 2025, you don't have to bother right. Your compensation is fine till 24
Yeah it’ll get reevaluated in q1 2024
Don’t worry, they’ll fill HC with L1s from 🇮🇳
Cut*
How does Amazon continue to get willing employees with behavior so unashamedly sinister?
Cause employees are dime a dozen. All of India lines up to work at Amazon.
it’s true, they can build entire orgs out of L visa transfers in 1-2 years. happened to my entire org in retail
AMA
2h
523
I have worked at TikTok US core tech for 3 years. AMA.
Tech Industry
Yesterday
3651
1 vs 5 Million - no lifestyle change
Work Visa
8h
504
How many of you in EB-2 India category think of going back to school for PhD and getting a bunch of publications?
Personal Finance
9h
1728
Should I marry a lazy girl?
India
8h
711
What do vegetarian Indians eat for protein?
Another day. Another rumor.
No but this one is a confirmed rumor okay
You all should see a trend. These aren’t so much as rumors as they are early leaks. That’s how it happens someone in a closely held group discloses information and then it’s out there.