Former Careem Employees Will Lose 25% of Value from Stock Options if They Cash Out Before Uber’s Closing Deal

Careem has rolled out a notification to their former employees informing them that they will take 25% cut from the value of their stock options if those employees decide to cash them out when Uber’s $3.1 billion acquisition of Careem closes (expected in Jan 2020). An email was sent out to those employees on 12th November. According … Continue reading Former Careem Employees Will Lose 25% of Value from Stock Options if They Cash Out Before Uber’s Closing Deal