Amazon Laid Off 30,000 Workers While CEO Andy Jassy Got a 30% Pay Bump
Amazon said AI-driven efficiency gains and broader restructuring helped justify cuts that have reached at least 30,400 jobs since Jan. 1, 2025.
5 Articles
5 Articles
Amazon is still paying Jeff Bezos an $80,000 yearly salary—but $1.6 million for travel and security
Jeff Bezos may be the world’s third-richest man, but his official salary is still less than six-figures. The 62-year-old Amazon founder is worth $254 billion, less than only Tesla CEO Elon Musk and Google cofounder Larry Page, according to the Bloomberg Billionaire Index. Yet, during nearly his entire 25-year tenure as CEO of the top company on the Fortune 500, Bezos has received the same salary of $81,400 from Amazon—less than the average const…
Andy Jassy’s $29 Million Year: Inside the Pay Package That Reveals Amazon’s Shifting Priorities
Andy Jassy made $29.2 million in 2024. That’s a lot of money by any measure — but by the standards of mega-cap tech CEOs, it’s practically modest. And the structure of his compensation tells a more interesting story than the raw number ever could. Amazon disclosed the figure in its annual proxy filing, breaking down the package into components that reflect how the company thinks about executive incentives in a period of aggressive reinvestment. …
Amazon CEO Andy Jassy's total remuneration was approximately $2.1 million last year, an increase of around 30% over 2024, Business Insider said.Last year, Jassy earned a base salary of $365 thousand, and business travel and security expenses, which amounted to $1.7 million, significantly increased his salary year after year, according to the company's annual statement, published on Thursday.
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