To address recent vulnerabilities, OpenAI CEO Sam Altman has clarified to the public that the firm is auditing employee equity records following some raised concerns.
Altman announced his new X platform (formerly Twitter) the next day, Sunday, soon after the article’s release, to clarify that OpenAI executed this vested stock option cancellation after employees left OpenAI for software companies headlining tech news.
In response to the accusation, Altman asserted that OpenAI had never seized an employee’s vested stocks and did not have any such plan in the future [unless the employee signs a separation agreement or agrees to a non-disclosure clause].
‘Based on an employee’s vesting period, vested equity is vested equity, period and point to Magnify‘s view on workers‘s equity,‘ Altman stressed with conviction.
In the previous expert agreement, the Founder mentioned that they were not acceptable for him about equity cancellation.
“Though I did nothing to counter either of them, there should have been no one among ourselves downsizing our views on the documents or communication. This is solely my own mistake, and that is basically the only time I am genuinely ashamed of running Open AI. I didn’t know that was happening, and I should have,”
Altman admitted.
Altman had informed us that they had been working towards rectification of the common exit agreements for the past month. Altman urged all the previous employees who had signed them earlier to reach out and promised to render the concern justice.
“Let it be known that those who signed those old agreements who have worries can come to me, contact me if you are having issues, and together we can fix this as well. I am sorry about it.”
This was Altman’s conclusion of the matter, making it clear that Uber Technologies Inc. values transparency and treats its employees fairly.
While OpenAI’s CEO makes it clear that his company does not intend to take shortcuts when it comes to maintaining a sufficient number of full-time employees, it only escalates the concern about the treatment of other sector workers as well as issues with employment equity, which is a vital dimension in the modern-day talent acquisition and recognizing the most productive specialists.
