Atlassian terminates 150 staff with pre-recorded video

Re:Atlassian terminates 150 staff with pre-recorded video by armada651 on Friday August 01, 2025 @04:10PM (#44761874)

There are right ways and wrong ways to lay off someone. They aren't determined by words, but by actions.

If the company has a healthy cashflow it can afford to give the employees that have been laid off a larger runway in terms of how many months of salary they will still pay out. If you've given them stock options, you can give them more time to decide whether to exercise the vested option.

I'd gladly take a "Good riddance" with 6 months of salary and 2 years validity of my options over a "We regret that it has come to this point" with just a one-month notice.

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Re:Atlassian terminates 150 staff with pre-recorded video by AtlanticThird on Friday August 01, 2025 @04:50PM (#44762344)

I agree with the theme of your message, but it's actually very challenging legally to change an options expiration date after its issued, and likely has negative tax implications

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Re:Atlassian terminates 150 staff with pre-recorded video by armada651 on Friday August 01, 2025 @05:50PM (#44762858)

I've heard this excuse a lot over my career, mainly from people trying to backtrack on a promise of issuing options to begin with.

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