[jazzkingrt]

Many of us have already dealt with a 20% haircut, at least on the RSU portion of compensation.

* Higher cost of borrowing is putting pressure on growth companies that relied on cheap capital

* Economic downturn makes it harder to do business and lowers stock prices, which makes up a big part of any 400K SWE package

* Tech companies can allow RSU grants to expire rather than implementing formal paycuts. Whereas companies in other sectors might lay off 5% of the workforce before giving everyone a 5% paycut, we may see a different trend in tech.

[digianarchist]

My RSUs are down 70% from their post IPO peak.

[11101010001100]

question: is it illegal to setup a hedging instrument for this sort of thing?

[digianarchist]

Illegal? Not sure. I'm forbidden from shorting our own stock by internal policy.

[jedberg]

It's illegal for officers and directors to short their own stock. It's not technically illegal for any other employee.

That being said I've never seen a company that allows it in their company policy. Every company I've seen forbids it to eliminate the appearance of unethical behavior.