Hey everyone,
Given the recent situation, I was curious (only if you’re comfortable sharing) — how much RSU value did you end up losing due to the layoffs or unvested grants?
12 replies (most recent on top)
This is theft from employees
Total potential loss reported by these eight individuals exceeds $1,457,000.
@OP $75K
Approximately $900k. Currently over $450k to have vested in June and Sept. and paid out over next 2-years through Sept ‘27.
Severance less than $20k 😩
This is a strategy that Oracle uses to recruit and keep people in management.
It’s anti employee and you can sue for damages as an employee (in countries like Canada or the UK)
Don’t work for stocks or RSU. In tech stocks are forfeited just before 1 day
@a9,
Same: $0
That's why I never gave a sh.t how the stock price was doing.
Last August rif, lost $287k remaining. But did get to take my Sept vest which was worth ~$230k. Not ideal, but still thankful I got something on the way out.
Never got rsus
nothing..i lost 200K when they cut me loose 4 months before vesting ( not Oracle )
$65K
around $65K