Thread regarding Wells Fargo & Co. layoffs

For those who got displaced, did you lose all RSU?

I got displaced this Tuesday. I have some RSU locked until 2028. Do I lose all of them?

I think the only scenarios you can vest is retirement or death.


by
| 22 views | | 7 replies (last 20 days ago) | Reply
Post ID: @OP+1m1ppk0fj

7 replies (most recent on top)

Log into the system to see the RSUs and you can open the document for each time you received them. This explains how they will vest.

by
| | Reply
Post ID: @bb+1m1ppk0fj

@a8
You can still apply for and accept a job, though, as long as your start date is after your 60-day non-working period, right?

by
| | Reply
Post ID: @b8+1m1ppk0fj

You keep them and they best in regular schedule. Just don’t break terms of severance agreement by taking job during 60 day non working. Best of luck you will find the right thing

by
| | Reply
Post ID: @a8+1m1ppk0fj

You only lose them if you quit or get fired. Not displaced

by
| | Reply
Post ID: @a7+1m1ppk0fj

I was displaced back in late-April and I still have my RSUs.

by
| | Reply
Post ID: @a6+1m1ppk0fj

Sorry to hear. My team hired new folks at Hyderabad, IN. Looks my time has come to be displaced.

by
| | Reply
Post ID: @a2+1m1ppk0fj

Yes, you've lost all.

by
| | Reply
Post ID: @a1+1m1ppk0fj

Post a reply

: