Thread regarding Cisco Systems Inc. layoffs

Will unvested RSUs be paid on redundancy

They Vest in November and the redundancy paperwork is craftily written to make it confusing.

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Post ID: @OP+1rdw5EPa

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They may accelerate some vesting-don’t know about that
Only the last set of RSU’s from Nov 2023 have the “retirement option”. This allows those not leaving for cause to take all their unvested RSUs with them if they meet the
“Rule of 70”. But one extra stipulation is that the grant must have been at least one year ago. So those RSUs from Nov 2023 will not be eligible to meet the retirement option until Nov 2024.

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Post ID: @1bhi+1rdw5EPa

Maybe ask the HR rep assigned to your “business case” for clarification

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Post ID: @lwd+1rdw5EPa

RSUs are the same thing as the greyhound rabbit. They get that dog to run...

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Post ID: @jni+1rdw5EPa

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