Comment on Amazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bump

anon_8675309@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

Fix this:

  • Omnibus Budget Reconciliation Act of 1993 (Section 162(m)): By capping deductible salary at a million, it paradoxically incentivized companies to shift compensation toward stock options and performance-based bonuses to avoid tax penalties.

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