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.
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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.