Employees at Jeff Bezos' Spacex rival Blue Origin are upset over an unusual non-compete clause as they see it 'blocking' their way to become millionaires
Blue Origin introduced a new stock plan after SpaceX's IPO success. This plan reportedly includes an eighteen-month non-compete clause for employees. Leaving for a competitor means forfeiting all accumulated stock options immediately. This clause exempts West Coast employees but affects many others. Engineers in southern states face greater equity restrictions and job market limitations.
Blue Origin introduced a new stock plan after SpaceX's IPO success. This plan reportedly includes an eighteen-month non-compete clause for employees. Leaving for a competitor means forfeiting all accumulated stock options immediately. This clause exempts West Coast employees but affects many others. Engineers in southern states face greater equity restrictions and job market limitations.
