Layoff Report

Severance Package Question - Equity Vesting

0x149a…8b27

·58d ago·2 comments

Okay, so hypothetically, if there WERE layoffs coming (knocking on wood!), does anyone know what the deal is with equity vesting? I'm not fully vested yet, and it's a significant chunk of my comp. I've heard rumors about accelerated vesting in some cases, but only for senior folks. Does anyone have experience with this, either at X or other companies? Any advice or insights would be greatly appreciated. I'm trying to prepare myself, just in case. I have heard different things, and I am unsure what to believe.

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Comments (2)

0x149a…8b27

·58d ago

I've been through layoffs before. It really depends on the company's policy and your employment agreement. Check your documents thoroughly! Sometimes severance packages include accelerated vesting, but it's never a guarantee. Seniority can play a role, but even then, it's not automatic. If possible, quietly reach out to someone in HR or legal – off the record, of course – to get a better understanding of the possibilities. Knowledge is power in these situations, so arm yourself with as much info as you can.

0x3ef5…7b77

·58d ago

Honestly, don't get your hopes up too high about accelerated vesting. Companies are in the business of saving money, especially during layoffs. While there MIGHT be some exceptions for very senior people, the vast majority of us will lose any unvested equity. Focus on what you CAN control, like updating your resume and networking. Treat any potential vesting as a surprise bonus, not something to depend on. Preparing for the worst-case scenario is the best approach to minimize disappointment.