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> It’s been a couple of months since I was fired from my job as a Backend Developer at GitLab As far as I understand it, you don't usually get to keep your opt

by ljm 5y ago

> It’s been a couple of months since I was fired from my job as a Backend Developer at GitLab As far as I understand it, you don't usually get to keep your options when you're fired. Rest of the post? Disgruntled employee trying to spin "I was fired!" into "I quit!"

fishtoaster 5y ago
That's only the case if you're fired "for cause" which is a legally-meaningful term that's pretty rarely used unless you beat up the CEO on camera while snorting cocaine off a pile of embezzled $20s. If you're just let go normally (even if it's for being bad at your job), it's not usually "for cause" and you have 90 days to exercise your options (or longer if they're NSOs instead of ISOs).
jollybean 5y ago
Sure you do. They were part of your comp before you were fired, not after. Generally they're yours.
- ljm 5y ago
  Depends on the nature of the dismissal. In the UK, if you are fired for gross misconduct then you forfeit everything. I think in the US that being fired 'for cause' is similar to this, but perhaps not as strong as the allegation of gross misconduct. Is gross misconduct present in this article? I can't say. But the author does not paint a positive image for themselves. I don't really sympathise with the author, either. He's just boasting about money on the table that he could afford to say no to. He's an asshole, I don't care for him. Perhaps Gitlab fired him because he was a jerk. Who knows, who cares.
  - outworlder 5y ago
    Most employment in the US is 'at will'. You do not need a cause.
  - avgcorrection 5y ago
    Given how terrible labor laws are for employees in the US, I would never assume anything negative about an American based on the mere fact that they were fired from some job. Being a Fired American isn’t some stigma that one needs to “spin”.
compiler-guy 5y ago
Almost all companies give you the choice to purchase vested options even if you have been fired, usually with some 90-day deadline or whatever. It's very normal.

by ljm 5y ago

fishtoaster 5y ago

That's only the case if you're fired "for cause" which is a legally-meaningful term that's pretty rarely used unless you beat up the CEO on camera while snorting cocaine off a pile of embezzled $20s. If you're just let go normally (even if it's for being bad at your job), it's not usually "for cause" and you have 90 days to exercise your options (or longer if they're NSOs instead of ISOs).

jollybean 5y ago

Sure you do. They were part of your comp before you were fired, not after. Generally they're yours.

ljm 5y ago
Depends on the nature of the dismissal. In the UK, if you are fired for gross misconduct then you forfeit everything. I think in the US that being fired 'for cause' is similar to this, but perhaps not as strong as the allegation of gross misconduct. Is gross misconduct present in this article? I can't say. But the author does not paint a positive image for themselves. I don't really sympathise with the author, either. He's just boasting about money on the table that he could afford to say no to. He's an asshole, I don't care for him. Perhaps Gitlab fired him because he was a jerk. Who knows, who cares.
- outworlder 5y ago
  Most employment in the US is 'at will'. You do not need a cause.
- avgcorrection 5y ago
  Given how terrible labor laws are for employees in the US, I would never assume anything negative about an American based on the mere fact that they were fired from some job. Being a Fired American isn’t some stigma that one needs to “spin”.

compiler-guy 5y ago

Almost all companies give you the choice to purchase vested options even if you have been fired, usually with some 90-day deadline or whatever. It's very normal.