4 ms·

You need more facts - the loans may not be an even distribution across 50%; I expect loan support was skewed towards the upper part of the pyramid Example - so

by czbond 4y ago

You need more facts - the loans may not be an even distribution across 50%; I expect loan support was skewed towards the upper part of the pyramid Example - some staff may not have had loans/shares (eg; customer support, etc) and the loans may be for senior and up roles who have enough shares to worry about the high taxes on shares.

kaesar14 4y ago
I don’t understand though, the layoffs affected a third of the company and eng was involved, how could 33% of the workforce be laid off with over half taking loans lead to single digit people in this situation? Numbers don’t add up imo.
- in_cahoots 4y ago
  If the company was growing rapidly, then maybe 33% of the workforce hadn’t vested yet?
  - berberous 4y ago
    Yeah, if they laid off new folks who started less than a year ago, none of those people would have vested. And in a rapidly growing company, the new hires can be a big portion of the company.
    - umeshunni 4y ago
      And are typically the mostly likely to get laid off.