Amazon asked employees to voluntarily resign before November 29

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Amazon has already laid off thousands of employees, and it has now been revealed that the company is asking people to leave voluntarily. According to internal documents obtained by CNBC, the e-commerce behemoth is making “voluntary severance” offers to some employees across multiple divisions. Human resources and employee services departments are also included.

Those who are ready to leave the company will receive a severance payment in the next three months, as well as one week’s salary for every six months of employment with Amazon. The offer will also include a weekly stipend for 12 weeks, which can be “used to offset COBRA premiums,” according to the report. Employees will also continue to receive insurance coverage until the end of the year.

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Amazon asked employees to voluntarily resign before November 29

Amazon has already laid off thousands of employees, and it has now been revealed that the company is asking people to leave voluntarily. According to internal documents obtained by CNBC, the e-commerce behemoth is making “voluntary severance” offers to some employees across multiple divisions. Human resources and employee services departments are also included.

Those who are ready to leave the company will receive a severance payment in the next three months, as well as one week’s salary for every six months of employment with Amazon. The offer will also include a weekly stipend for 12 weeks, which can be “used to offset COBRA premiums,” according to the report. Employees will also continue to receive insurance coverage until the end of the year.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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