OpenAI scraps controversial nondisparagement agreement with employees

Stefan Mileschin · 24th May 2024, 06:58

According to Bloomberg, the company notified former employees that "[r]egardless of whether [they] executed the agreement... OpenAI has not canceled, and will not cancel, any vested units." It released them from the agreement altogether, "unless the nondisparagement provision was mutual." At least one former employee said they had lost their vested equity that was equivalent to multiple times their family's net worth by refusing to sign when they left. It's unclear if they're getting it back with this change. The company also talked to current employees about this development, easing their worries that they will have to be careful with everything they say if they don't want to lose their stocks.

https://www.engadget.com/openai-scra...0.html?src=rss

24th May 2024, 06:58	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 150,052	OpenAI scraps controversial nondisparagement agreement with employees According to Bloomberg, the company notified former employees that "[r]egardless of whether [they] executed the agreement... OpenAI has not canceled, and will not cancel, any vested units." It released them from the agreement altogether, "unless the nondisparagement provision was mutual." At least one former employee said they had lost their vested equity that was equivalent to multiple times their family's net worth by refusing to sign when they left. It's unclear if they're getting it back with this change. The company also talked to current employees about this development, easing their worries that they will have to be careful with everything they say if they don't want to lose their stocks. https://www.engadget.com/openai-scra...0.html?src=rss

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