Amazon Raises Worker Pay by $1 Per Hour in $1.5 Billion Investment
Amazon has announced a pay increase of $1 per hour for its workers. The total cost of the raises amounts to over $1.5 billion across the company's workforce. Despite the large nominal figure, the investment represents approximately 0.06% of Amazon's $2.68 trillion market capitalization. The move signals a continued focus by the e-commerce giant on frontline worker compensation.
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