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Amazon is walking back staffers' raises after a bug miscalculated compensation

• PraetorianGourd 4y ago
  I am no Amazon apologist, but it seems to me they tried to provide a dollar value to stock-based compensation and used a higher-than-today value. That doesn’t seem like malicious intent; it seems like a well-intentioned idea that was derailed by the mercurial stock market. Some sort of disclaimer that the “estimate is provided for demonstration purposes only and is not a promise of actual market value”. I have worked for several companies who provide the fair-market-value equivalent for stock compensation. But it is _stock compensation_. But I really doubt that this was malicious. Of course it is easier AND morally satisfying to be angry at the mega-corp.
  • cmeacham98 4y ago
    It sounds like the employees were _only_ given a dollar amount and not a number of shares. If that's the case, it seems like it would be prudent for Amazon to just give what was originally quoted, unless it was way way off.
  • vba616 4y ago
    > But I really doubt that this was malicious It wouldn't be malicious to force the company to honor their representation either.