Amazon's corporate employees will be paid up to 50% less in 2023 because of its falling stock price, report says

• Amazon corporate employees will be paid up to 50% less in 2023 due to its falling share price, the WSJ reported.
• Amazon's pay packets rely heavily on stock awards, making them vulnerable to price fluctuations.
• The tech giant is laying off 18,000 employees, its largest ever job cuts, amid weakening economic conditions.

Some Amazon corporate employees will be be paid as much as 50% less than previously expected in 2023 because of the company's falling stock price, the Wall Street Journal reported on Monday.