Layoffs cheated employee of $1 million in company stock.
5 replies (most recent on top)
@a2 Can confirm. I got hit in the September layoff and I lost $100k in RSU's, even in this environment of silly low stock price. And I was a nobody.....not like the senior leadership that got cut....they probably lost a million by themselves if they'd been here a long time.
The very top execs needed our RSUs more than we did.
@OP Yeah, but do you even WANT the stocks? Sure, you'd be buying low, but that's gambling that this AI/datacenter gamble is going to pay off.
Company stock is a scam. You'll get sc--wed over. Saves them $ while getting richer
@OP this is not new. Many of us lost stock. The number is in the hundred of millions if all RIFd employees are accounted for in the last year.