Better.com layoffs: “I don’t understand how executives could allow it to be done so poorly – twice”

Better’s chief human resources officer Richard Benson-Armer said in an internal announcement that the group will receive a year of extended Cobra benefits, which Garg will personally cover. The firm will also pay for additional healthcare insurance costs “if the impacted employee has not found employment and/or healthcare insurance.”

Better has confirmed Benson-Armer’s statements, according to Bloomberg.

In an email leaked on Blind yesterday, Better’s chief financial officer promised that fired employees will be contacted personally and receive cash severance payments over the next few days.

“Affected employees will be eligible for a minimum of 60 working days – and as much as 80 working days – of cash severance payments,” Ryan wrote in the email. “We have made sure that this financial support for departing employees is at or beyond what is required by law. Those affected directly by this change will receive details via email.”

However, several employees took to LinkedIn to reveal that wasn’t the case.