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Laid-off techies work for stock options but no paycheck Techies work for hope, not cash
San Francisco Chronicle ^ | December 22, 2002 | Julie N. Lynem

Posted on 12/22/2002 3:52:40 AM PST by sarcasm

Edited on 04/13/2004 2:41:33 AM PDT by Jim Robinson. [history]

As a product marketing director at Critical Path, Renae Perry pulled in more than $100,000 per year. After losing her job last year at the San Francisco communication technology company, she started working for Accerra Corp.

Today, Perry works part time out of her home, handling product marketing chores for the Santa Rosa video- and audio-conferencing company. She decided to take the job even though she doesn't get paid. Her only form of compensation: some stock options in the startup.


(Excerpt) Read more at sfgate.com ...


TOPICS: News/Current Events
KEYWORDS: hopeoverexperience

1 posted on 12/22/2002 3:52:41 AM PST by sarcasm
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To: sarcasm
Techies work for hope, not cash

In a state with a multi-billion dollar deficit. Real smart.

2 posted on 12/22/2002 5:45:33 AM PST by martin_fierro
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To: martin_fierro
I am a Senior Network Engineer who has been out of work for 10 months now. My only means of survival for the past several months has been some sub-contracting work here and there - no benefits though.
It's really tough when you have a wife and three children to support.
3 posted on 12/22/2002 6:29:42 AM PST by woodcraftsman
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To: sarcasm
She decided to take the job even though she doesn't get paid.

This is an excellent example for American workers to follow. No Chinese or Indians will be able to compete with it!

4 posted on 12/22/2002 10:22:09 AM PST by A. Pole
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To: sarcasm
A few hundred thousand H1b workers are the solution to this problem...</sarcasm>
5 posted on 12/22/2002 10:36:39 AM PST by TopDog2
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To: Willie Green
./.
6 posted on 12/22/2002 12:22:14 PM PST by ambrose
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