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Google workers complain bosses are 'inept' and 'glassy-eyed'
(www.sfgate.com)
This is a most excellent place for technology news and articles.
I feel like the editor that wrote the headline missed the main point of the article. The headline makes the article sound like there are a bunch of dumb and boring middle managers at Google. The actual article has nothing to do with people's direct bosses or even their bosses' bosses. The article was about how Google execs are ruining the company to appease the shareholders. Best quote from the article is:
IMO one thing I think should be made into law is that if a company grants unvested equity, everything granted will automatically vest when you get laid off.
If you decide to quit before they vest, I understand that those grants should be forfeited. If you get fired for not doing your job, I also get forfeiting them.
But if the company lays you off, that's on their side, so I think the opposite (automatic vesting) should be guaranteed by law.
Yeah, my company just re-organized their shares and reset my vesting schedule after 5 years. And are trying to get rid of me.
Reset the schedule for shares they already granted you? Or for future grants?
Ones they already granted me
Do you have a signed agreement with them on the original schedule? I don't think it's legal for them to unilaterally change that agreement.
Don't know anything about their case, but an acquaintance of mine works for a company that got bought and their vests just evaporated the moment the company changed hands ¯\_(ツ)_/¯
Ouch
Illegal. Sue them.
I wonder if that depends on the jurisdiction, but I'll ask if that's possible