Meta lays off 11,000 people

Re:Meta lays off 11,000 people by barbazoo on Wednesday November 09, 2022 @01:20PM (#33535705)

> they lost the unvested stock aka their hold out compensation of past 4 years they worked for

Are you assuming a 4 year cliff or why would one lose 4 years worth of stock?

Interesting point you're bringing up. Personally I wouldn't count unvested stock as part of my wealth.

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Re:Meta lays off 11,000 people by klodolph on Wednesday November 09, 2022 @02:45PM (#33536850)

I think the parent comment is talking about your general 5-year vesting schedule. In other words, for each of the past 4 years you worked, you will have some unvested stock today.

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Re:Meta lays off 11,000 people by type-r on Wednesday November 09, 2022 @08:36PM (#33541018)

5-year? almost all schedules I'm familiar with in high tech are either 4-year or 1-year.

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