[thebytefairy]

Employees should not be able to sell their stock if their company decides to do layoffs? What is the rationale?

[p_l]

Because if there's stock-based renumeration, it's 100% certain it applies and probably is considerable portion of renumeration of those deciding on layoffs.

Honestly, I'd preferably make it so that stock movement is frozen for a time except for laid off employees