NVIDIA stock price has skyrocketed these couple years making most of the employees that were payed in stock semi retired now and a lot of them are def lazy meaning less work being done for the company.
S: Nvidia's success is making some now-wealthy employees complacent | TechSpot Forums
One employee mentioned he was making avg 148k a year in 2020 now this past year its up to $688,000/year from stock price.
NVDIA Employees making so much that less work being done
byu/SnooKiwis3390 inwallstreetbets
Posted by SnooKiwis3390
14 Comments
They played their cards right, good for them tbh
Well they helped make what the company is today
I think this was a thing back at Microsoft back in the day too.
There was a saying internally amongst the OGs where if anyone didn’t come correctly dudes would be like fuck you I’m fully vested I don’t have to put up with this.
I thought this was going to turn into a bearish thesis against nvda…
How many times can we post this
Nvidia will have a massive turnover in it’s workforce next year. It has a lot of employees that are middle aged that will leave leadership roles for early retirement. Their industry is known for compensation that favors equity and many managers are sitting on multimillion dollar equity positions now.
California does not permit non-competes
might honestly be better for the company to pay them to just sit there rather than create/go to a competitor
The only reason Jensen Huang was able to start NVDA is because he made money the exact same way in the early 90s.
This news can only be a positive thing for the industry and society as a whole.
All in on LZB calls for them lazies on Mondays earnings.
Good for them ![img](emote|t5_2th52|4271)
Company can for sure afford to hire new ones, and leave old geezers as mascots
I mean I would be like that if I worked at nvidia
AI about to take their jobs anyway
How is this different than literally any other company that excelled?
Do you think Elongated Muskrat has put in more any more work than any of his employees? No
He’s benefitted from the stock increase due to *their* labor and ingenuity, not his own