Thread regarding Dell Inc. layoffs

Your RSU's are gone. Yes, you will get the bonus but it will not be at 100% or higher.

By the way, to answer the orginal posters question, majority of the time, if you're laid off in Feb'24 and the shares vest in March'24, you won't get any of the unvested shares since you will no longer be an employee of the company. So if you are getting a total of 300 shares, and 50 shares have already vested and 250 have not vested, then you will only get 50 shares. And let's say, if all 300 shares are not vested on the date you are off the company books (no longer an employee of the company), then you will not get any RSU shares. You need to call HR or your benefits department and ask them, is the official date you are off the company books on the day you get laid off or 60 days after you are given notice. If you get laid-off in Feb'24 and still on the company books for another 60 days, and if your RSUs vest in March'24, then you should get the 300 RSU shares. But different companies have different rules, so while you're still an employee make sure you call the HR and benefits department or whoever to get your questions answered. If you wait till you are laid-off then you won't have access to internal people, websites, etc. Remember, those who are lazy end up losing lots of money that they were ment to get. Those who don't do the research on RSUs end up taking a loss instead of a gain. Those who don't understand vesting, non-vesting, etc. should google it. There are so many examples online. And at the worst case, just call up Fidelity or any of the financial institues and tell them to explain it to you.

Correction: That means if you after 12 months and one day, the share price of Dell is $81 (not $100), then you have a gain of $81 - $78 = $3 per share.

By the way, the original RSU post that was posted a few months back before the Fed decided to cut rates. RSUs are good, if you think the price of the shares of your company will be higher then what they are today so you can make a profit. I believe you still need to pay the taxes upfront when the RSUs vest and then pay taxes later on for any gains from the difference in the share price on the day it vests and the share price you sell it at. For example: On the day the RSUs vest, let's say the share price of Dell is $78. So you have to pay taxes on the number of RSU shares you got from the company that are vested (let's say 100 shares) which means the taxes will be on $78 * 100 shares = $780 * 30% (your tax bracket) = $234 in taxes. Then let's say a month later (if you sell the shares before 12 months which is considered short-term selling of shares), the Dell share price is $80. That means you would have made $80 - $78 (the day the shares had vested) = $2 gain per share. And if you sell all 100 shares then you have a gain of $2 * 100 shares = $200 Then in 2024, you have to pay taxes at your tax braket rate (let's say 30%) = $200 * 30% = $60 on taxes. But if you wait an entire year and one day, then you pay 15% in taxes from the gains since it's considered long-term (since you held onto the 100 shares without selling them for more then 12 months plus one day). That means if you after 12 months and one day, the share price of Dell is $100, then you have a gain of $81 - $78 = $3 per share. So your taxes are on ($3 * 100 shares = ) $300 gain * 15% = $45 . But what happens if the Dell stock price goes from $78 to $60 (down) and you sell it at a loss. Then you will have a loss of $78 - $60 per share = $18 loss per share. Which is $18 * 100 shares = $1800 of loss. And you can claim up to $3000 in losses on your tax form for single person. The amount of loss you can claim on taxes is different if you're married, file separately, etc. What I have written above is just how I understand it. You will need to do your own homework, but this gives you an idea.

Please ignore the 5G and 6G talk in the RSU example. I was cutting and pasting from a previous post on RSUs that I had posted for a different company.

There is a multiplication symbol between 100 RSUs and $40 share price
(100*$40=$4000)
Same goes for 30% * $4000=$1200

I don't work for your company, but this is how I understand RSUs from different websites I have read.
When RSUs vest, it becomes a tax liability for you. If you hold onto your vested shares and if the share price decrease, you're actually losing money out of your own pocket.
For example: If you get 100 RSUs on 7/1/2023, and on 2/1/2024 they become vested and the share price on 2/1/2024 is $40. That means in 2024, you have to pay taxes on 100$40=$4000. If your income tax bracket is 30%, you would have to pay 30%$4000=$1200 in taxes. Once you paid the taxes, let's say, you hold onto those shares and the share price goes from $40 to $5 (for example: on 4/1/2025) then your shares are now worth $5*100shares=$500. Now, if you decide to sell cause you know it's probably going to take 20 years (or a miracle) before you even see the share price go anywhere close to $40 again, you have a loss because you paid $1200 in taxes and made only $500. (1200-500=$700 loss out of your pocket). Therefore, you don't really want to touch any RSUs the company is giving especially during these high interest rate years where the market may go into recession. And now that we see the fruits of the labor for 5G is not paying off, you know the fruits of 6G may not either. Therefore, RSUs are not a great option for the employees at the moment. For the employer, it may help retain some employees who have not educated themselves on RSUs (restricted stock units). The best type of money is CASH (salary/bonus). You can take that cash and put in a 5% 2-year treasury note at treasurydirect dot com at almost zero percent risk and don't even have to pay state taxes on it, only federal taxes.

Already been answered. Depends on your final workday. Search the site.
But I'll be nice, any unvested RSUs are gone. You'll get your bonus, but it's gonna be at a minimum, not 100%.

no you get nothing or maybe everything

• stop reposting the same questions