Blue Origin has a new employee stock plan, but not everyone is happy
Blue Origin released details about a new stock option plan in an internal communication on Tuesday.
Ars was able to review the materials and connect with some employees to gather their thoughts. Some of the early reviews are not positive, with one employee going so far as to describe the plan as "pure f---king trash." And it's not hard to see why some people feel gun-shy or disillusioned. The company's previous stock plan, which ended up being essentially worthless, fostered a lack of trust.
However, a careful reading of the new documents, compared to the original plan, indicates that it has a more serious intent. It is set up in a similar manner to other stock option plans in the industry. If Blue Origin founder Jeff Bezos genuinely wants to course correct from Blue Origin's initial stock plan-to right the wrongs perceived by his employees-this could be a vehicle for that.