Thread regarding ViaSat Inc. layoffs

Yall shoulda worked for Qualcomm

Yalled be multimillionaires by now if ya did. Instead ya picked a sh-t company where ya 401K turned into a 101K.

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| 1811 views | | 9 replies (last September 24, 2024) | Reply
Post ID: @OP+1uxTmXXl

9 replies (most recent on top)

Maybe the company should start granting put options instead of RSUs.

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Post ID: @8zrm+1uxTmXXl

That stock sale is pretty impressive when the stock price history is plotted. Right at the all time peak.

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Post ID: @8wgv+1uxTmXXl

You have to appreciate how MD sold $13.5M in stock at over $90 a share in 2019. Seems like he might be the only one to ever get rich on vsat stock. He was smart about that.

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Post ID: @8kbc+1uxTmXXl

So you're so smart, tell me who I should work for to MAX my 401k. Why didn't you tell me to work for Nividia SMARTPERSON?

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Post ID: @6asj+1uxTmXXl

They lay off people right and left then hire an additional CFO and give him $4M in stock.

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Post ID: @5qla+1uxTmXXl

lol big whoop.. i don’t know any employer keeping much of this stock. This company has never outperformed the index. We’re reminded every year on the first few pages of the Viasat shareholder annual report this stock has never beats the market

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Post ID: @1slt+1uxTmXXl

Where are the leadership and executives? Probably chilling in UK on a corporate travel

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Post ID: @uyo+1uxTmXXl

You know, I actually agree with you through self-reflection which has never been apparent with Viasat execs. I admit this was a poor financial choice to join Viasat. The crime is the massive opportunity cost MD and team have inflicted upon me by making my vest time worthless compared to alternatives. My tenure has been a large wealth destroying exercise.

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Post ID: @hye+1uxTmXXl

Yup, we ate a big ol’ sh-t sandwich at Viasat. Sh-t company run by sh-t executives.

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Post ID: @qrk+1uxTmXXl

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