Obviously their TC dropped too. Are you looking for a sad story to feel better about yourself ?
Just how people adjust when TC drops. Even at this level their TC is much higher than our company
I don’t mind helping you feel better. I am not from zoom but my company has been going lower with each trading day too. I feel devastated and I feel that life has no meaning anymore. Hope that helps.
Your company ruined my portfolio
Are you prepping to leave now?
Am in a similar place (high TC chopped way down due to poor stock performance) and it is bleak. That said, the company says that the annual refresher will get adjusted somewhat to take into account the disparity between what the bonus was supposed to be worth and what it *is* worth; we’ll see what that looks like.
Only people impacted would be those who joined in the last 12 months
😢
The company made a recent policy where they would pay the difference in the stock value if the stock price dropped but it would vest over 2 years. So, for people who intend to work here long term, there is no difference to their total compensation.
Wait, so they pay the difference in depreciated stock by issuing a refresher of that depreciated stock? 🤯 couldn’t that just lead to a perpetual decrease in TC if the stock continues to fall over the vesting period? 🤔 They should just pay the difference in cash
Imagine if ZM course corrects and rallies. Employees will make a killing with all the additional grants.
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