while 800+ people were being laid off in January, many engineers were awarded $100K - $200K+ stocks within vsan, nsx, vrealize automation, vcloud air & more...
What's the basis of this?
Who decides all these things?
and the reason given to laid off folks was "business reasons" & "revenue losses".
Wouldn't not favoring some had saved someone's job ?
does that qualify as a good workplace? is this where you want to work?
I got 40K worth of stocks for performance in Dec, and then got laid off in Jan.
Thanks for the update @GEx2WZT-2vty
Now I am more scared. That means I can be laid off any day now.
I just hate this uncertatinity.
also not all 800 have been notified. It was announced projected and 800 will be completed by end of q2
It would be a pointless argument if VMW stocks become toilet paper.
It's a retention bonus. Usually only execs at bankrupt companies gets them. It is trickling down.