Re:Meta lays off 11,000 people
by pmmertens on Wednesday November 09, 2022 @12:57PM
(#33535365)
Outside of the 2:1 job postings to job seekers ratio, none of what you're saying here is correct.
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Re:Meta lays off 11,000 people
by jeffreyrogers on Wednesday November 09, 2022 @01:00PM
(#33535412)
Meta does pay higher (maybe not 2x higher) and the message in OP says employees will get their November 2022 vesting, which implies they won't get any future vested stock.
Re:Meta lays off 11,000 people
by disgruntledphd2 on Wednesday November 09, 2022 @04:34PM
(#33538207)
Well no because they no longer work for FB. But they still have all their vested stock.
Re:Meta lays off 11,000 people
by jeffreyrogers on Wednesday November 09, 2022 @06:47PM
(#33539908)
Yes, which is what the GP post said, they lose their unvested stock. By future vested I meant, stock that will vest after they are laid off. Could've been clearer I guess.
Re:Meta lays off 11,000 people
by matt-attack on Thursday November 10, 2022 @10:38AM
(#33547994)
So that I understand though, after you're laid off, any unvested shares you own will never will vest. You essentially forfeit those shares?
Re:Meta lays off 11,000 people
by jeffreyrogers on Thursday November 10, 2022 @12:59PM
(#33550483)
Probably depends on the company and circumstances in which you were laid off.