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  • 5 days ago
This Zoom meeting went horribly wrong for more than 900 employees.
Transcript
00:00if you're on this call you are part of the unlucky group you do is being laid
00:08off your employment here is terminated effective immediately are you kidding
00:16me
00:18hi everyone thank you for joining I come to you with not great news the market
00:37has changed as you know and we have to move with it in order to survive so that
00:45hopefully we can continue to thrive and deliver on a mission this isn't news
00:50that you're gonna want to hear but ultimately it was my decision and I
00:58wanted you to hear from me it's been a really really challenging decision to
01:04make I've this is the second time in my career I'm doing this and I do not do
01:11not want to do this the last time I did it I cried this time I hope to be
01:17stronger but we are laying off about 15% of the company the market efficiency and
01:32performances and productivity
01:42you
01:49if you're on this call you are part of the unlucky group you do is being laid
01:58off your employment here is terminated effective immediately are you kidding me
02:07what does this mean for what's next you're gonna get an email from HR
02:12better calm to your personal email address according to the bills of your
02:16severance and your benefits
02:38for all US employees we're providing four weeks of severance one month of
02:47full benefits and two months of cobra for which we will pay the premium so
02:51three months total benefits if we if you elect for cobra if you don't get a
02:59communication from better calm before the end of the day you can email better
03:04calm thank you for each and every one of yours individual contributions to
03:10better