![]() He also predicted that for those who could not accept the policy, their prospects for remaining at Amazon appeared grim. ![]() Jassy’s message reflects Amazon’s continued pressure on US office staff to comply with a policy requiring them to report to a physical office at least three days a week.Īs part of his remarks, which Amazon shared with CNN, Jassy said during the event this month that while employees are entitled to disagree with the company’s decision bringing workers back into the office and to criticize it, they are not entitled to disregard the policy. CNN Sans ™ & © 2016 Cable News Network.Amazon CEO Andy Jassy told employees to get on board with the company’s return-to-office plan or to consider employment elsewhere, the company confirmed to CNN, after a report by Insider highlighted Jassy’s remarks from a recent internal event. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. ![]() Your CNN account Log in to your CNN account However, Pichai received no stock awards as part of his compensation in 2020, per a subsequent filing. For example, when Sundar Pichai took over as CEO of Google parent Alphabet’s in 2019, he was given one-time stock awards that vest over time worth a combined total of some $240 million, according to a company SEC filing. Massive stock awards are not unusual for incoming CEOs as they are intended to give the executives an even greater stake in the companies’ performance right away. It also comes amid a separate union election vote count at an Amazon warehouse in Bessemer, Alabama, concluding on Thursday with the results of the vote too close to call - as the number of ballots challenged by either the union or Amazon is large enough to sway the final results. Bezos’ pay remained unchanged at nearly $1.7 million, though his holdings of Amazon stock make him the second-richest person in the world, per the Bloomberg Billionaires Index.Īmazon’s disclosure notably came the same day that workers at a Staten Island, New York, warehouse made history by voting to form the first US union in the tech giant’s 27-year history. Jassy became Amazon CEO last summer, replacing Jeff Bezos, who continues to serve as executive chair of Amazon’s board but stepped down as chief executive to focus on his space-faring company Blue Origin and other ventures. Robert Bumsted/APĪmazon workers at New York warehouse could vote to form company's first US union Warehouse workers in Staten Island, New York and Bessemer, Ala., will determine whether or not they want to form a union. ![]() Amazon is gearing up for its toughest labor fight yet, with two separate union elections coming to a head as soon as next week that could provide further momentum to the recent wave of organizing efforts across the country. In this photo taken from video, Amazon workers line up outside the company's Staten Island warehouse to vote on unionization, Friday, March 25, 2022, in New York.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |