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Fortune
Fortune
Eleanor Pringle

Amazon staff might see a 50% pay cut because shares have fallen so much

Andy Jassy, chief executive officer at Amazon (Credit: David Paul Morris—Bloomberg - Getty Images)

When the going's good at Amazon, employees certainly get their cut. But when shares slump—and Amazon's have fallen by around 35% in the past year—staff's incomes can take a hit.

According to a report from the Wall Street Journal, corporate staff at Amazon get a chunk of their wages from restricted stock units. Yet because Amazon's share price was so underwhelming in 2022—down almost 50%—pay packets may sink anywhere between 15% and 50% below compensation targets, according to sources familiar with the matter.

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