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And if not some sort of withheld wage to be paid later, issue equity in lieu of pay.
by chemeng 6y ago
And if not some sort of withheld wage to be paid later, issue equity in lieu of pay.
- namanaggarwal 6y agoThey are issuing RSUs in lieu of pay.
- chemeng 6y agoAwesome! Feels like an important detail that Bloomberg should have in the article. Difficult times for everyone right now, it might be a small gesture, but it's something.
- babycake 6y agoBut why is this good? RSU are pretty worthless right now... there's a lot of restrictions around it. Stuff like when can you cash them out, what happens if the company loses more money and shutters, what happens if you get laid off, and they don't help pay the bills? Cash is king right now, especially in this economy.