Let me give you an example. I was given 100k of stock options when I started my company. They vest in three years. We just got notified of layoffs and recently our stock doubled.
I’m my opinion we don’t need layoffs. Just let attrition takes its course and we’d right size in under a year.
As such, people will lose a lot of money by being laid off since they’ll lose all their options. They should vest automatically. It’s almost like they do layoffs to avoid paying th options.
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Fuckin oath, that’s just completely fucked up.
Let me give you an example. I was given 100k of stock options when I started my company. They vest in three years. We just got notified of layoffs and recently our stock doubled. I’m my opinion we don’t need layoffs. Just let attrition takes its course and we’d right size in under a year.
As such, people will lose a lot of money by being laid off since they’ll lose all their options. They should vest automatically. It’s almost like they do layoffs to avoid paying th options.