In terms of number of shares or dollar amounts? Because tech has taken a massive slam in the last year in the markets.
Employees should see that like a lot of investors do, which is a discount on blue chips. It changes the calculus a bit if you don't plan on executing on vest or holding after you do for tax reasons, which makes a lot of sense. But if you're considering a role at a big tech right now and plan to last a few years it's not necessarily a hit.
Dollar amount. It’s a hit comparatively because anyone joining today would make 100s of thousands more for some roles and someone who took the hit over the last year can just go reset their stock elsewhere. Holding for tax reasons makes no sense for public companies. Vested shares count as standard income.
Employees should see that like a lot of investors do, which is a discount on blue chips. It changes the calculus a bit if you don't plan on executing on vest or holding after you do for tax reasons, which makes a lot of sense. But if you're considering a role at a big tech right now and plan to last a few years it's not necessarily a hit.