Micron Adds Quarterly Profit Sharing With Cash and Stock Awards
Photo: TokenPost
Micron plans to begin a quarterly profit-sharing program for its global workforce in fiscal 2027, adding a payout tied to company performance as labor talks continue with unions in Taiwan. Each award will be split evenly between cash and stock, with the stock portion becoming fully available after one year. Cash payments will follow the release of quarterly financial results. The stock portion will accumulate quarter by quarter. Micron has not disclosed what share of profits will fund the pool, and the new awards will be added to the existing annual incentive program.
Source: TokenPost
