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Chebucto Regional Softball Club

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  3. Xbox's 'Golden Handcuffs' Are Screwing Over Laid Off Workers
A forum for discussing and organizing recreational softball and baseball games and leagues in the greater Halifax area.

Xbox's 'Golden Handcuffs' Are Screwing Over Laid Off Workers

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  • misk@sopuli.xyzM This user is from outside of this forum
    misk@sopuli.xyzM This user is from outside of this forum
    misk@sopuli.xyz
    wrote last edited by
    #1
    Archive: https://archive.is/2025.07.07-233349/https://aftermath.site/xbox-layoffs-microsoft-vested-unvested-shares-stocks
    ? R M 3 Replies Last reply
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    • GamesG Games shared this topic
    • misk@sopuli.xyzM misk@sopuli.xyz
      Archive: https://archive.is/2025.07.07-233349/https://aftermath.site/xbox-layoffs-microsoft-vested-unvested-shares-stocks
      ? Offline
      ? Offline
      Guest
      wrote last edited by
      #2
      I don't understand what this article is about. I also get RSUs at my job. Every "performance review cycle" together with salary increase I am awarded N shares that will vest over some period of time (multiple years). A few times a year those shares are vested, and after they are vested I actually own them and can sell them (or hold them for as long as I want). So they are part of my compensation package. If I get laid off (or quit) I will obviously not receive my unvested shares. The same as I will not receive any salary that my company would pay me if I continued working there. So I don't understand how complaining about not receiving unvested shares is different from complaining about not receiving salary that you would get in the future by continuing working for the company...
      A ? 2 Replies Last reply
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      • ? Guest
        I don't understand what this article is about. I also get RSUs at my job. Every "performance review cycle" together with salary increase I am awarded N shares that will vest over some period of time (multiple years). A few times a year those shares are vested, and after they are vested I actually own them and can sell them (or hold them for as long as I want). So they are part of my compensation package. If I get laid off (or quit) I will obviously not receive my unvested shares. The same as I will not receive any salary that my company would pay me if I continued working there. So I don't understand how complaining about not receiving unvested shares is different from complaining about not receiving salary that you would get in the future by continuing working for the company...
        A This user is from outside of this forum
        A This user is from outside of this forum
        arcane2077@sh.itjust.works
        wrote last edited by
        #3
        Yep, it’s about Luke, ~~Kotaku’s~~ Aftermath’s resident pessimistic moron, discovering RSUs. That’s about it
        ? 1 Reply Last reply
        0
        • misk@sopuli.xyzM misk@sopuli.xyz
          Archive: https://archive.is/2025.07.07-233349/https://aftermath.site/xbox-layoffs-microsoft-vested-unvested-shares-stocks
          R This user is from outside of this forum
          R This user is from outside of this forum
          Rhynoplaz
          wrote last edited by
          #4
          That's dirty. If the company is deciding that you can't stay around long enough to vest those stocks, they should pay them out. There should never be a reward for dumping people.
          1 Reply Last reply
          0
          • ? Guest
            I don't understand what this article is about. I also get RSUs at my job. Every "performance review cycle" together with salary increase I am awarded N shares that will vest over some period of time (multiple years). A few times a year those shares are vested, and after they are vested I actually own them and can sell them (or hold them for as long as I want). So they are part of my compensation package. If I get laid off (or quit) I will obviously not receive my unvested shares. The same as I will not receive any salary that my company would pay me if I continued working there. So I don't understand how complaining about not receiving unvested shares is different from complaining about not receiving salary that you would get in the future by continuing working for the company...
            ? Offline
            ? Offline
            Guest
            wrote last edited by
            #5
            When you understand how RSUs work and what you're signing up for there's nothing inherently wrong with rewarding someone for years of service. However, their structure / terminology is _inherently_ misleading and manipulative. A company could just give you stock at each performance review. It doesn't need to give you magic shares that need to be incubated before they hatch, it could just give you the actual shares they want to pay you at each point. They don't because that would expose that they're actually giving you _nothing_ in the first several years, and they want you to think you own part of the company when you don't. So it is inherently manipulative and deceptive as a whole concept.
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            • A arcane2077@sh.itjust.works
              Yep, it’s about Luke, ~~Kotaku’s~~ Aftermath’s resident pessimistic moron, discovering RSUs. That’s about it
              ? Offline
              ? Offline
              Guest
              wrote last edited by
              #6
              I do think it's a bad article because it's just someone who's flabbergasted by the concept and clearly hasn't spent much time thinking about it or understanding it, but RSUs are deceptive by nature. A company could just give you the stock flat out in the future. The only reason it gives you Uthe promise of future stock now is the corporate equivalent of 'dont worry baby, I know I might mistreat you now but il l clean myself and do better by you in 3 ... maybe 4 years'.
              1 Reply Last reply
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              • misk@sopuli.xyzM misk@sopuli.xyz
                Archive: https://archive.is/2025.07.07-233349/https://aftermath.site/xbox-layoffs-microsoft-vested-unvested-shares-stocks
                M This user is from outside of this forum
                M This user is from outside of this forum
                mindbleach@sh.itjust.works
                wrote last edited by
                #7
                The magic word is *prorated.* If getting 99% of the way to something comes out to 0% of the payoff, that's fraud waiting to happen. A promise unfulfilled.
                1 Reply Last reply
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