Leaked memo: Amazon cutting stock awards in 2025
https://finance.yahoo.com/news/1-amazon-plans-reduce-employee-202459403.html 🍌🍌
Cash is probably better than overhyped RSUs anyways
Good chance they leave the RSU grant as is for 2025 and we get nothing extra in "cash".
Then people start quitting, ohh actually they quitting that meat grinder anyway.
They “leak” it to see if you agree to 50% cut. Do not agree.
Another reminder that thou shall not lick boots. As the great Sun Tzu once said: fuck them, before they even fuck you. Never be loyal to these fuckwits.
Sun Tzu is my mentor now. Fuck them indeed!
Key take aways, - they don’t want to grants too much stock at the low price - they don’t want to commit for high TC for 2025 for high performers - amzn is only locking in the next year TC based on performance this year. So all this just means that you only make high TC consistently if you are a high performer every year. Amazon has lot of control to bring down TC if they want to.
That’s another reason not to work in Amazon and likes.
Fuck this - i got 2.2 percent base increase and no new rsus
What?! How is that possible? You still have the sign on bonus?
was probably rated hv1 or le
Year 6
For 2025 I have just base
Makes sense considering that base pay caps were raised a short while ago. Not to mention the unregretted attrition in the past ~year attributed to, or self reported by unregretted attrition individuals as, dissatisfaction with comp decreases due to the decreased stock price.
Join the club. Disney slashed rsus by 50%