At SpaceX if an employee is fired “for cause,” the company can repurchase their stock for a price of $0 per share, according to documents viewed by TechCrunch. https://techcrunch.com/2024/03/15/spacex-employee-stock-sales-forbidden/
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Steve Herman (w7voa@journa.host)'s status on Saturday, 16-Mar-2024 17:45:27 JST Steve Herman -
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Tobias Denkinger (denki@mastodontech.de)'s status on Saturday, 16-Mar-2024 17:45:54 JST Tobias Denkinger @oiyouyeahyou @w7voa Well, I hope it is not normal that an ex-employer can simply take part of your property.
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oiyouyeahyou (oiyouyeahyou@mastodon.social)'s status on Saturday, 16-Mar-2024 17:45:57 JST oiyouyeahyou @w7voa is this abnormal though? If you replaced spacex with any of the other big tech or other conglomerate, I'd be equally unimpressed and unsurprised tbh
In conversation permalink HistoPol (#HP) 🥥 🌴 repeated this.
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