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Investing.com — Amazon is mulling plans to reduce employee stock-based compensation in 2025 and boost the cash post of paid salaries, Insider reported Wednesday, citing a leaked internal memo.
Amazon (NASDAQ:AMZN) was flat in afterhours trading after falling 2.7% on Wednesday.
The plans, which are part of Amazon’s compensation review cycle, come as the e-commerce behemoth seeks to cut costs amid a difficult economic backdrop and aims to strike a balance between employee base cash compensation and equity awards. Some employees reportedly raised concerns about the value of their stock-based compensation following a slump in Amazon’s shares recently, according to the report.
Amazon planned to reassess the 2025 compensation in the first quarter of next year, Insider reported, citing a source.
Amazon spokesperson August Aldebot-Green confirmed the memo’s accuracy, the report said, though cautioned that the change is a possibility rather than a definite plan.
