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harbinger

harbinger@lemmy.zip
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Wow. That boggles the mind… I respect this so much.

Where I am? We have this kind of crap and nobody really seems to care: https://www.msn.com/en-us/news/politics/excessive-reactions-to-pennsylvania-lawmaker-s-reported-mileage/ar-AA1l0pIu

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I’ll sell one for half that

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One of the worst instances was one year that virtually all “merit increases” were instead replaced with RSUs that vested in a year. When I had to bring that to my team and tell them what they were getting… Well, not a single one of us expected to see that money. Sure enough, layoffs happened and that potential money evaporated before any of us saw a cent. None of us were unprepared or surprised, but obviously still unhappy.

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You’re not wrong

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Yes, I am certain that was the case. It was the case in my examples too… Every now and then someone gets through and gets a couple units to vest, but the majority are gone and so is that compensation. It’s disgusting.

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I assume that stock was in the form of restricted stock units that vest over the course of a few years. I’ve seen this kind of thing play out at a few big tech companies over the years and have seen people lose literally hundreds of thousands of dollars in delayed payout.

They offer these as a “loyalty incentive” so the employee wants to stay while of course offering no loyalty in return when they decide to execute layoffs.

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Oh wow… it’s really upsetting that a vaccine that can literally cure cancer is cast in such a light.

Thanks for sharing!

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Huh that’s interesting… do you have examples of the Japanese media doing that? I’ve never heard that before.

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That’s awesome. Were the scale details lost in the scanning or the printing?

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