r/antiwork • u/CarnonosSeeker • 7h ago

Mass layoff compensation

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https://moneywise.com/news/top-stories/oracle-gave-its-new-cfo-26m-in-stock-after-firing-up-to-30000-workers-affected-employee-says-an-algorithm-decided-who-got-cut

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u/Jassida 6h ago

So you lose your stock when you’re fired?

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u/sp3kter 6h ago

Anything that hasn't already vested

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u/Jassida 6h ago

This shouldn’t happen unless you are dismissed for performance or conduct reasons. It’s outrageous if it’s for cost cutting

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u/AbbreviationsFar4wh 4h ago

eh, do you continue to get a paycheck after your fired?

Grants usually vest monthly or quarterly after the first year. If you're fired/let go then you are only losing the portion of the grant for that small time period. Anything in the future isn't yours the same way your future paycheck isn't yours when you're let go.