zlacker

[return to "Leaked OpenAI documents reveal aggressive tactics toward former employees"]
1. tedivm+W2[view] [source] 2024-05-22 22:38:55
>>apengw+(OP)
If this really was a mistake the easiest way to deal with it would be to release people from their non disparagement agreements that were only signed by leaving employees under the duress of losing their vested equity.

It's really easy to make people whole for this, so whether that happens or not is the difference between the apologies being real or just them just backpedaling because employees got upset.

Edit: Looks like they're doing the right thing here:

> Altman’s initial statement was criticized for doing too little to make things right for former employees, but in an emailed statement, OpenAI told me that “we are identifying and reaching out to former employees who signed a standard exit agreement to make it clear that OpenAI has not and will not cancel their vested equity and releases them from nondisparagement obligations” — which goes much further toward fixing their mistake.

◧◩
2. NotSam+l5[view] [source] 2024-05-22 22:53:06
>>tedivm+W2
This reads like more than standard restrictions. I hate those like everyone, they are just intended to chill complaints in my opinion with enough question to scare average people without legal expertise (like me, like most devs), just like non-competes used to seemingly primarily be used to discourage looking at other jobs, separate from whether it was enforceable - note the recent FTC decision to end non-competes.

About 5 months ago I had a chance to join a company, their company had what looked like an extreme non-compete to me, you couldn't work for any company for the next two years after leaving if they had been a customer of that company.

I pointed out to them that I wouldn't have been able to join their company if my previous job had that non-compete clause, it seemed excessive. Eventually I was in meetings with a lawyer at the company who told me it's probably not enforceable, don't worry about it, and the FTC is about to end non-competes. I said great, strike it from the contract and I'll sign it right now. He said I can't do that, no one off contracts. So then I said I'm not working there.

◧◩◪
3. tedivm+76[view] [source] 2024-05-22 22:57:07
>>NotSam+l5
I have worked for multiple startups (Malwarebytes, Vicarious, Rad AI, Explosion AI, Aptible, Kenna Security). Not once have I seen an exit agreement that stated they would steal back my vested equity if I didn't sign. This is definitely not "standard restrictions".
◧◩◪◨
4. daniel+M7[view] [source] 2024-05-22 23:05:39
>>tedivm+76
Comp clawbacks are quite common in finance, at least contractually. It's rare for it to go ahead, but it happens. It isn't some especially weird thing.
◧◩◪◨⬒
5. tedivm+ib[view] [source] 2024-05-22 23:24:11
>>daniel+M7
Comp clawbacks in exit agreements, that weren't part of the employment agreement?

I've seen equity clawbacks in employment agreements. Specifically, some of the contracts I've signed have said that if I'm fired for cause (and were a bit more specific, like financial fraud or something) then I'd lose my vested equity. That isn't uncommon, but its not typically used to silence people and is part of the agreement they review and approve of before becoming an employee. It's not a surprise that they learn about as they try to leave.

[go to top]