Amazon restricts employee stock options to cut costs
April 6, 2023
Amazon.com has decided to reduce employee stock awards as part of its compensation plan in the face of economic uncertainty. The company has laid off thousands of workers in recent months.
Recent News
Red Lobster Officially Files for Bankruptcy After Abruptly Closing Restaurants
Shortly after abruptly closing many restaurants, Red Lobster is filing for bankruptcy.
Chipotle 50-for-1 Stock Makes Fast-Food Chain a Wise Investment, According to Experts
The Chipotle stock split back in March and has become a boon.
Sam Altman Reponds to Employee Equity Issues
On Saturday, OpenAI CEO Sam Altman stated that employees of the company who departed without signing a non-disparagement agreement risked forfeiting vested equity, though the policy remained unused.
Spirit Airlines Scraps Fees To Attract Customers
Spirit Airlines has scrapped its change and cancellation fees in the hopes of attracting more customers.