News for hackers. Stuff that matters.

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

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.
[ Parent | on HN ]
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.

[ Parent | on HN ]