FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, April 22, 2020 . REUTERS/Pascal Rossignol/File Photo

(Reuters) – Amazon.com Inc (AMZN.O) said on Wednesday it would extend the temporary increase in its hourly pay and double the overtime pay through May 30, bringing its total salary cost for hourly employees to nearly $800 million.

Reporting by Ayanti Bera in Bengaluru; Editing by Vinay Dwivedi

You May Also Like

Dimon says private equity giants are ‘dancing in the streets’ over tougher bank rules

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon,…

Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000

In this article F Follow your favorite stocksCREATE FREE ACCOUNT A Ford…

Biden will invoke Defense Production Act to boost Covid vaccine production, advisor says

President-elect Joe Biden plans to invoke the Defense Production Act after he…

WWE in talks with state gambling regulators to legalize betting on scripted match results

In this article WWE Follow your favorite stocksCREATE FREE ACCOUNT Vince McMahon…