Andy Jassy's $29 million stock-heavy compensation in 2023 came as Amazon axed 27,000 employees in the largest layoffs in company history. While that's still 26% less than Bob Iger's $31 million package, Jassy's defenders point out his pay represents just 0.02% of Amazon's $1.5 trillion market cap, making it a rounding error for a company that size. Still, the stock awards vest over four years, meaning Jassy personally profited while thousands of workers lost health insurance and stability. Critics argue that a $29 million payout that's 30% higher than the median S&P 500 CEO sends exactly the wrong signal during mass layoffs, even if the absolute figure is modest relative to Amazon's scale.

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