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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Amazon.com, Inc.    AMZN

AMAZON.COM, INC.

(AMZN)
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Amazon to give $500 million in holiday bonuses to front-line U.S. workers

11/26/2020 | 01:12pm EST
FILE PHOTO: Amazon's JFK8 distribution center in Staten Island, New York City

(Reuters) - Amazon.com Inc said on Thursday it would spend more than $500 million on one-time bonuses for its front-line employees in the United States who are working the holiday season amid the COVID-19 pandemic.

Full-time operations staff in the United States who are employed by Amazon from Dec. 1 to Dec. 31 will receive a bonus of $300, while those in part-time roles will get $150, the online retailer said https://www.aboutamazon.com/news/operations/amazon-recognizing-front-line-employees-with-an-additional-special-bonus-this-holiday-season in a blog post.

Several retailers, including Walmart Inc and Home Depot Inc, have spent millions in bonuses to compensate staff for catering to a surge in online shopping during the pandemic.

In an earlier round of one-time bonuses in June, Amazon spent $500 million in one-time payments to front-line employees and partners.

The world's largest online retailer has been facing intense scrutiny from U.S. lawmakers and unions over whether it is doing enough to protect staff from the coronavirus.

(Reporting by Ayanti Bera in Bengaluru; Editing by Paul Simao)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -0.74% 3104.25 Delayed Quote.-4.69%
THE HOME DEPOT, INC. 2.70% 275.59 Delayed Quote.3.75%
WALMART INC. -1.59% 144.64 Delayed Quote.0.34%
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Financials (USD)
Sales 2020 380 B - -
Net income 2020 18 142 M - -
Net cash 2020 44 304 M - -
P/E ratio 2020 89,2x
Yield 2020 -
Capitalization 1 558 B 1 558 B -
EV / Sales 2020 3,98x
EV / Sales 2021 3,32x
Nbr of Employees 798 000
Free-Float 81,7%
Chart AMAZON.COM, INC.
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Amazon.com, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 52
Average target price 3 830,67 $
Last Close Price 3 104,25 $
Spread / Highest target 45,0%
Spread / Average Target 23,4%
Spread / Lowest Target 12,7%
EPS Revisions
Managers and Directors
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Dave Clark Senior Vice President-Worldwide Operations
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
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