Reply to Better.com video to lay off 15 percent of company

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]People, I've worked in the private sector for 20+ years. There is no such thing as loyalty to the employees. You are a cog in a machine.  And startups are brutal.  There is a reason for that.
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Sure but the whole deal with start ups is delayed compensation, and if company does well, you will do well with your options/RSU. But here you have a company doing well, having a good exit, but then laying off and stripping people of their unvested options. Dot.com only laid off as companies struggled; this is a malevolent behavior towards employees  [/quote]
Again, there is no such thing as loyalty.  Plus, from what I read, it was because these people were only working two hours of work.

I have worked in SV during the dotcom rise and fall.  I know plenty of people who got laid off even during "good" years because the investors wanted to contract spending.  DH also worked for a startup and lost all his options.  So I'm pretty familiar with how those startups work. They are brutal.  The guy is an a$$ for the way he fired people, but those startups are really brutal in more ways than one.[/quote]

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