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A comment on Why Layoffs Don't Work. Parent comment

Re:Why Layoffs Don't Work by huang_chung on Sunday March 09, 2025 @01:02PM (#43311069)
Well, getting fucked out of your 401k money 6 months before it vests stings some.
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Re:Why Layoffs Don't Work by s1artibartfast on Sunday March 09, 2025 @01:41PM (#43311588)
Is that an average time given a 12 month vesting schedule?

edit: Actually curious about the dead comment. What companies have multi year 401(k) vesting?

Every company I have worked at or seen does a match on a 12 month schedule or less.

Are they thinking of stock options?

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Re:Why Layoffs Don't Work by Barracoon on Sunday March 09, 2025 @03:29PM (#43312756)
IIRC Amazon has a 2 years 401k match vesting period.
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Re:Why Layoffs Don't Work by s1artibartfast on Sunday March 09, 2025 @04:10PM (#43313211)
Interesting.

per this article, Amazon 401k has a cliff vesting on matched funds at 3 years of employment. After reading around, it seems like 3 years is the legal maximum for 401k cliff vesting, with 6 years permitted for incremental vesting.

https://www.consiliowealth.com/insights/breaking-down-amazon...

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Re:Why Layoffs Don't Work by huang_chung on Sunday March 09, 2025 @03:41PM (#43312909)
Two years is more typical.
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