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by dghlsakjg 1485 days ago
Total comp has likely come down, not salaries.

If a significant part of your comp is in stock, then yeah, that portion of your pay is down potentially 70% or more in six months (Netflix). There’s probably some employees at FAANG that are negative on their equity.

2 comments

Netflix historically paid in all cash. Recently, they started letting their employees choose.
> Recently, they started letting their employees choose.

lol didn't want to be the last ones holding the bag. What a scumbag move.

paid cash on the way up, paying stock on the way down, lol
AAPL still up 10%+ YoY. Msft not technically FANG (MAGA?) and also up YoY.