Zynga To Employees: Surrender Pre-IPO Shares Or You're Fired

[Pigeon]

Zynga seem to think they were overly generous handing out stock to early employees. Fearing a 'Google Chef' situation they are leaning on some employees to hand back their unvested stock or face termination. From the article: 'Zynga's demand for the return of shares could expose the company to employment litigation—and, were the practice to catch on and spread, would erode a central pillar of Silicon Valley culture, in which start-ups with limited cash and a risk of failure dangle the possibility of stock riches in order to lure talent.

http://news.cnet.com/8301-13506_3-57322 ... -be-fired/
http://news.slashdot.org/story/11/11/10 ... oure-fired

Greed hit a new level.

[Dr Exile]

Sounds illegal.

[Pigeon]

The soon to be made IPO is said to be around $1B. Frickin Farmville and a billion? What has this country become.

[lkwalker]

Fuck Zynga and anyone who works there. Just sayin..

[Pigeon]

f++ Zynga and anyone who works there. Just sayin..

I'll toast to that one.

[Pigeon]

I suppose people want to sit an play games instead of pushing for changes that might fix our country. Maybe it means there can be no fix.

[Pana]

The changes they can affect in their games are just more tangible to them, Pigeon.