Aren't the Stock Options Price Very Low?

Wore gon to see companies start voluntarily writing down their own valuation. That's usually kind of not a good, good sign. But i understand that you need to do it for retention purposes. I'm a bet over my skis here,. but the idea that employees can be under water, don't they get substantial discounts? Aren't the options price very low relative to where are currently trades? They could be.