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"On multiple occasions, the firings came within weeks of an employment anniversary, when workers’ stock options were due to vest" Birthday paradox? The title d
by alain94040 10y ago
"On multiple occasions, the firings came within weeks of an employment anniversary, when workers’ stock options were due to vest"
Birthday paradox? The title doesn't seem to match the Bloomberg detailed article. The CEO looks like a really bad manager though, but firing near vesting seems to be the least of his flaws.
- rm999 10y agoI don't think the birthday paradox is relevant here. A decent statistical test would be to gather all firings within some radius around work anniversaries (let's say 6 weeks), and see if there's a statistically higher chance of the firing happening before the anniversary than after. If it's egregious, you'll see a lot more before than after.
- propman 10y agoYou are wrong. 5 employees saying that they were fired right before they were due to vest is a very high number and it is unlikely they interviewed too many. Judging from what else we know of the CEO, this isn't surprising at all