Overview
- OpenAI has ended its six‑month equity vesting cliff for new employees, according to the Wall Street Journal.
- Applications chief Fidji Simo told staff the change takes effect immediately, the report said.
- The policy aims to let newcomers take risks without fearing loss of unvested equity if they are dismissed early.
- The move follows an April cut from the traditional 12‑month cliff to six months and parallels a similar shift at Elon Musk’s xAI.
- Rivals such as Meta, Google, and Anthropic are offering outsized pay packages; OpenAI is reportedly projecting about $6 billion in stock-based compensation this year and has discussed a $1.5 million two‑year bonus for employees.