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By the same logic, wouldn't 4 months of severance pay be equivalent to forfeiting 92% of salary?

For something paid at regular intervals like RSUs, you really should never be looking at the total value of the grant, and instead think of it in terms of how many shares per paycheck/month/quarter/year you vest.

If you've got a cliff coming up, that's different. I'd be pissed if a company laid me off 11.5 months into a 12 month cliff or a few weeks before an annual bonus and didn't accelerate the vesting / bonus.

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That's exactly my point. "Losing" your RSUs is the same as losing all your other income that you did not earn because you don't work there any more.
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