Thread regarding Charles Schwab Corp. layoffs

Just got a nice letter about my stock options.

2023: You’re just so valuable, here are some stock options to keep encourage you to stick around. Of course they don’t start vesting for a year…

2024: What? Did you think we were serious? We’re taking those unvested options (read: ALL OF THEM) back.

Shady to the end.

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| 991 views | | 3 replies (last February 14, 2024) | Reply
Post ID: @OP+1r4JJpsi

3 replies (most recent on top)

They can take your unvested stock options back after they gave them to you???

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Post ID: @ank+1r4JJpsi

They know that there is a downward trend in the economy, so they know they will be underwater when they vest… they gave us nothing !

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Post ID: @cmv+1r4JJpsi

Sorry. Yup. The extend to shake hands and sweep up to the hair fake.

They really should fully vest unless you choose to leave.

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Post ID: @isu+1r4JJpsi

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