San Francisco, November 6: An Amazon employee in the United States who chose to quit the company instead of returning to the office has reportedly forfeited more than Rs 1.7 crore ($200,000) in company stocks. Surprisingly, the former Amazon software-development manager, who had dedicated nearly four years to the company, holds no regrets about the significant financial loss.
According to reports from ‘Business Insider,’ this decision was prompted by the employee’s refusal to comply with Amazon’s return-to-office policy. He mentioned, “If it wasn’t for their crackdown on their return-to-office policy, I would still be there with bells on and a smile on my face.”
In pursuit of preserving his preferred lifestyle, the employee accepted a new job, entailing a $203,000 reduction in pay by surrendering unvested Amazon stocks earned during his tenure.
He asserted, “Even that huge cut was worth it, rather than being forced to move across the country and abandon my dream life to keep my job.” However, the employee opted to remain anonymous.
An Amazon spokesperson responded, stating, “We could not verify the employee’s account.” The company further clarified its position, emphasizing that they had communicated their intention to have employees return to the office three or more days per week starting in May.
This move, Amazon argued, was aimed at yielding better long-term results for their customers, business, and corporate culture. A relatively small portion of their workforce was asked to relocate to be in the same physical location as their respective teams. The company maintained that adherence to these policies was expected, and they would take appropriate action against any non-compliance.
[Please note: The currency mentioned in the original text appears to be incorrect, as it indicates both “Rs” (Indian Rupees) and “$” (US Dollars). The conversion provided here is based on the “$” symbol.]
