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A comment on Citing revenue declines, Airbnb cuts 25% of workforce. Parent comment

Re:Citing revenue declines, Airbnb cuts 25% of workforce by freepor on Tuesday May 05, 2020 @06:40PM (#23085972)
The only point of the one year cliff is to pay someone less, or keep a startup’s cap table clean. For a public company there would be no point.
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Re:Citing revenue declines, Airbnb cuts 25% of workforce by eru on Tuesday May 05, 2020 @09:19PM (#23087005)
The other point is to bind people to the company.

It's very similar to a sign-on bonus you can claw back in the first year or two.

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