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Cruise Suspends Employee Share Program, Citing Need to Revalue Business

8 pointsby ra7over 1 year ago

2 comments

janosettover 1 year ago
In addition to not getting paid, the employees are left with a tax burden for the RSUs they are now unable to sell since the cancellation happened abruptly in the window between vesting and the liquidity event.
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nyxtomover 1 year ago
Cruise is done, stay far away from this company as possible. All remaining staff at the moment waiting either for layoffs or start interviewing