4 ms·
Forgot to mention and it doesn't seem like I can edit my post anymore, but I'm located in Vancouver, B.C (Canada). The release includes the following sections:
by layoffthrowaway 10y ago
Forgot to mention and it doesn't seem like I can edit my post anymore, but I'm located in Vancouver, B.C (Canada). The release includes the following sections:
* no admissions
* further claims (agree to not make claims against the Releasees)
* indemnity for taxes
* no denigration or defamation
* non-disclosure
* confidentiality
I don't believe it was a large layoff, in fact, I'm not sure if anyone else got hit. The reason was cited as an internal re-org, where the group of developers I belong to went under a different person within the company. I suspect it may have to do with the fact my options vest in about 2~3 weeks.
- AnimalMuppet 10y ago> I suspect it may have to do with the fact my options vest in about 2~3 weeks. OK, that's a whole different kettle of fish. You may want to talk to a lawyer before signing, because if you sign, you most likely sign away your right to sue for the options. (On the other hand, you may not have any case for suing for the options anyway. And your expectation value of what you would get from the options, times the probability of winning them, may be lower than the cost of talking to a lawyer for an hour...)
- thegreatco 10y agoI agree, a lawyer is a good idea. I've had this happen to me. Not pleasant.
- partisan 10y agoHow did that turn out for you?