From what I heard from the people that got canned today, it’s 4weeks + 2 weeks/yr. Pto paid off based on state. Plus RSUs paid off fully.
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The original post suggests they may have gotten paid for unvested RSUs, considering it wouldn't make sense to characterize something which happened weeks ago as part of a severance package delivered today.
Unvested RSUs are exactly that - unvested. They're toast if you're laid off.
Does it means..people will get all the unvested RSUs (2022/2023/2024) in a single shot at $104?
They used to cover COBRA for 3 months, I hope they are still doing that.
Can anyone confirm RSU vesting next year (2023/2024) also got vested ?
I am surprised with the exit package, more generous than i thought plus RSUs paid in full
Thanks for sharing this.
Anyone knows the COBRA rules and $$$?
What are they doing with health insurance? Covered for a while? End of year? Not at all?