3 ms·

Worth more now that they’re doing 70 billion in stock buybacks.

• renewiltord 4y ago
  Applies to employees who held their RSUs too!
  • falcolas 4y ago
    Certainly should be a great comfort for the 12,000 people they laid off.
    • renewiltord 4y ago
      I know people who were laid off from there. Very generous severance. Layoff had a target date many months away, and from that date onwards 3 months. $86/share -> $105/share? 22% gain in that wealth with that severance is a good outcome considering the company needed to downsize.
      • falcolas 3y ago
        Frankly I haven’t really seen evidence supporting the phrase “needed to downsize”. The only need I’ve seen demonstrated was the “need” to bump stock price at any cost to the company. Doesn’t really matter, though. The board has cast its die.