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A comment on Google Cuts Jobs in Engineering and Other Divisions. Parent comment

Re:Google Cuts Jobs in Engineering and Other Divisions by scarface_74 on Thursday January 11, 2024 @02:22PM (#38957409)
If they kept a large chunk of their vested stock in the same company they are working for - or any one company, they are doing it wrong
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Re:Google Cuts Jobs in Engineering and Other Divisions by ants_everywhere on Thursday January 11, 2024 @06:49PM (#38961349)
Well, yeah I agree. But I think most people do by default. That's really the idea of vesting... to align employee interests with the interests of the company.
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Re:Google Cuts Jobs in Engineering and Other Divisions by scarface_74 on Thursday January 11, 2024 @07:29PM (#38961759)
At least at Amazon they gave you a choice pre vest between - sell all when they vest, sell enough to pay taxes, and sell none.

I always chose option 1. This is like personal finance 101.

And for the company the purpose of RSUs instead of cash is to not deplete cash reserves.

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