I'm seeing some linked in posts where people are 'so excited to announce I'm taking a new position as a director in Fidelity blah blah ' where they were formerly VPs. Of course one in particular I saw scrubbed that gleeful vp announcement from 3 years ago from his linked in page. Are there people who took demotions to stay in lieu of getting $hit canned or is this some sort of universe correcting reorg?
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Linkedin is a cesspool of tu-ds and tu-d emulators. Stay off and get away. Just use your resume to get a job. How absurd.
so if they keep shares it is a pretty small paycut. whats the point doing that to folks.
They applied internally after May 7 and settle on whatever they could get in 3 weeks to avoid out of door . Most were able to retain base salary and shares .. just change in target bonus .