Thread regarding PayPal layoffs

Severance generosity

seeing how they timed it in a way to prevent affected employees’ shares from vesting I would be worried about the severances “generosity” too

In the message shared by the CEO, it was promised that the company would provide impacted employees with generous packages, but I share the same fears as the author of the post I quoted above ( @vwi+1kYGQeVC ). Any thoughts?

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| 2161 views | | 2 replies (last February 3, 2023) | Reply
Post ID: @OP+1kZzghMV

2 replies (most recent on top)

This happened to us on 2019 right before our shares vested. Lost so much money. It was not good.

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Post ID: @1fnq+1kZzghMV

This happened to the may 2022 layoff people too. Part of your severance will be agreeing to let go of your unvested shares.

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Post ID: @gcd+1kZzghMV

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