Thread regarding Lyft layoffs

Comp Q

How are companies like snap and lyft handling employee comp drop due to their stocks taking a massive hit this year?

Are you getting in year stocks or are you asked to suck it up and deal with it?

by
| 1081 views | | 2 replies (last November 10, 2022) | Reply
Post ID: @OP+1jxs1axA

2 replies (most recent on top)

Do you see any company doing this “top up”? I would say stop day dreaming.

by
| | Reply
Post ID: @6dmw+1jxs1axA

I get the intent in this, but companies don’t give RSUs to create a team of gamblers riding the wave, it’s because 1) it’s non-cash comp, and 2) the assumption is that it will go up, thus incentivizing good work and a sticky workforce. If the stock tanks hard, you lose one of the two reasons to provide RSUs, and if you can stomach the dilution, topping up high performers makes sense to me.

by
| | Reply
Post ID: @oxf+1jxs1axA

Post a reply

: