News for hackers. Stuff that matters.
Re:We have reached an agreement in principle for Sam to retu... by csunbird on Wednesday November 22, 2023 @06:54AM (#38378013)
No, the 90% of the employees were scared that their million $ salaries are going away along with Sam Altman.
Re:We have reached an agreement in principle for Sam to retu... by JansjoFromIkea on Wednesday November 22, 2023 @07:49AM (#38378479)
stock options were probably the focus rather than the salaries
Re:We have reached an agreement in principle for Sam to retu... by mousetree on Wednesday November 22, 2023 @08:19AM (#38378748)
There was about to be a secondary stock purchase by Thrive where employees could cash out their shares. That likely would've fallen apart if the board won the day. Employees had a massive incentive to get same back.
Re:We have reached an agreement in principle for Sam to retu... by __loam on Wednesday November 22, 2023 @07:22AM (#38378265)
Yeah, it should be extremely obvious the reason most of the employees were willing to walk is they've hitched their wagons to Altman. The board of openai put the presumed party day all of them were anticipating in jeopardy. Not all of us live in this god forsaken place to "work with cool tech".
Re:We have reached an agreement in principle for Sam to retu... by s1artibartfast on Wednesday November 22, 2023 @01:47PM (#38383370)
Sounds like a good way to to secure your position as leader.

My job also secures my loyalty and support with a financial incentive. It is probably the most common way for a business leader to align interests.

Kings reward dukes, and generals pay soldiers. Politicians trade policies. That doesn't mean they arent leaders.