| ▲ | tmoertel 3 days ago | ||||||||||||||||||||||||||||
When laying people off, better companies will often accelerate vesting so that the departing employees get additional stock. For example, Google does this: We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting. https://blog.google/company-news/inside-google/message-ceo/j... | |||||||||||||||||||||||||||||
| ▲ | savant2 3 days ago | parent | next [-] | ||||||||||||||||||||||||||||
Google did this in 2023, and this blog was a good PR move to make people think they are still doing this today. | |||||||||||||||||||||||||||||
| ▲ | jeffbee 3 days ago | parent | prev [-] | ||||||||||||||||||||||||||||
OK but for most people a 16-week acceleration is still forfeiting 92% of unvested shares. | |||||||||||||||||||||||||||||
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