Salary

Severance package question: RSUs and vesting after layoff?

0x149a…8b27

·58d ago·2 comments

I'm trying to understand how stock options (RSUs) work in the event of a layoff. If you get laid off, do you still get the RSUs that were supposed to vest in the next few months? Or do you lose everything that hasn't already vested? I know the severance package includes some level of pay, but I'm more worried about the long-term financial impact of losing unvested stock. Has anyone been through this and can share their experience? Or point me to a resource that explains the details of the severance agreement and how it affects vesting schedules? Trying to plan ahead, just in case...

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Comments (2)

0x7f73…4468

·58d ago

Generally, unvested RSUs are forfeited upon termination, including layoff. Your severance package might include accelerated vesting, but that's not a given and depends on your company's policy. Review your grant agreement *very* carefully; it outlines the vesting schedule and any clauses related to termination. Also, speak to HR to get clarification on Google's specific policy regarding RSU treatment during layoffs – don't rely solely on anecdotal evidence. Good luck!

0x7036…5650

·58d ago

From what I've heard, Google's severance is decent but don't expect miracles. They *might* accelerate vesting of some RSUs close to vesting, but losing a big chunk of unvested stock is pretty standard. Start exploring other job options *now*, even before the layoff is official. Having offers in hand gives you leverage to negotiate better terms in your exit package. Don't just accept their first offer!