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  2. Leaked documents show Amazon employees are quitting at twice the rate of recent years. Low pay, a stagnant stock price, and a grueling work culture are largely cited as fueling the exodus, but increased competition also makes it easier for the most prized corporate workers to find better opportunities.
    www.businessinsider.com/10-things-in-tech-why-workers-are-leaving-amazon-2022-5
    www.businessinsider.com/10-things-in-tech-why-workers-are-leaving-amazon-2…
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    Why are Amazon employees leaving?Amazon employees who previously spoke to Insider said the company's relatively low pay, stagnant stock price, and grueling work culture have all contributed to the growing departure rate.
    Why do Amazon employees leave their stock?Employees are taking the cash and leaving most of their stock behind for greener pastures, according to Insider analysis of annual filings. The number of employee stock units Amazon expects to cancel every year because of workers leaving before they can fully vest remains higher than other technology companies.
    Does Amazon pay employees to leave?Amazon ( AMZN) does -- and it doesn't want them. In fact, the company will pay them up to $5,000 to leave. CEO Jeff Bezos explained the policy, called Pay to Quit, in his letter to shareholders this week. Amazon makes the offer once a year, but only to workers in the fulfillment centers where orders are boxed and shipped.
    Why does Amazon leave so often?One frequently cited reason for the high rate of departures is Amazon’s unusual compensation structure. Unlike other tech companies, Amazon caps salaries at around $160,000 for its white-collar workers, then adds stock grants that gradually vest in steadily increasing chunks over a period of four years.
     
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    WEBNov 14, 2022 · Amazon Is Said to Plan to Lay Off Thousands of Employees. The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company’s devices organization, retail...

  7. WEBDec 8, 2022 · Technology. Amazon. Influence. Layoffs, buyouts, and rescinded offers: Amazon’s status as a top tech employer is taking a hit. A leaked memo shows Amazon was concerned with attracting and...

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