Re:What was behind Microsoft's layoffs of over 20k people in...
by braza on Monday September 25, 2023 @12:01PM
(#37646064)
> dilution of the stock
Assuming that the original Twitter thread folk is not doing LARPing, this one bit summarizes the entire point why institutional investors like TCI [1] were demanding layoffs due to dilution via SBC [2].
I would prefer a precise definition from SEC regarding on how SBC is declared [3] (it it's Cash Expense or not) and establish a clear guidance for all investors to remove this generalized anxiety that put pressure on workers.
Assuming that the original Twitter thread folk is not doing LARPing, this one bit summarizes the entire point why institutional investors like TCI [1] were demanding layoffs due to dilution via SBC [2].
I would prefer a precise definition from SEC regarding on how SBC is declared [3] (it it's Cash Expense or not) and establish a clear guidance for all investors to remove this generalized anxiety that put pressure on workers.
[1] - https://www.tcifund.com/files/corporateengageement/alphabet/... [2] - https://aswathdamodaran.blogspot.com/2014/02/stock-based-emp... [3] - https://www.eigercapital.com/stock-based-compensation/