Amazon plans to reduce employee stock awards in 2025 | Hacker News Reader

Amazon plans to reduce employee stock awards in 2025

reuters.com

27 pointsmfiguiere11 comments

Amazon seems to be flailing and aggressively eroding even their threadbare reputation in the industry.

Comp has always been on the low side, benefits barebones, PTO low, demands and stress high, but you had the incentive of a solid stock award and could see it grow as you wait for the RSUs to vest. One bonus was they seemed to be taking a pro-remote work stance per Andy Jassy’s own words.

Then they started layoffs and spinning down teams and if that wasn’t enough, they decided to ram through a highly unpopular, unnecessary RTO.

The reported contempt Amazon HR has for its entire workforce is now laid bare as they race in the opposite direction from being “earth’s best employer”.

Devil's advocate, if the hiring market favors employers, why should they pay more than they need to if they can still fill their open headcount with an acceptable level of talent?

They're gonna get hit with brain drain. Amazon relied heavily on a treadmill of new grads and juniors working 2 year tenures to run the boring parts of the company for cheap. Due in part to the comp.

I don’t think you have to be a devil’s advocate in this case. I 100% agree. There seems to be a very obvious effort to reduce comp and benefits in tech. Or mismanagement is no longer being masked by uninterrupted stock growth.

Even Google who was typically higher on the comp and benefits scale is rolling things back.

I'll never forget the 4 year cliff they put on their 401k match. Frugality at its finest.

https://archive.is/RKB5n

Actually sounds pretty nice for the employees if they instead increase cash comp

I think it's less RSU ... and that's it. Which isn't great for tech in general.

Amazon has had the lowest stock comp amongst peers for years now.

They used to be happy to throw stock at you but base increases were like pulling teeth. Amazon never replaces things they clawback from you.

Layoffs and RTO? Could you throw us a bone and improve some PTO or perks? Nope. Here’s a mental health number to call. Be sure to take your PTO.

Oh then that’s a bummer

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