After his handling of a
The online mortgage lender is offering extended medical benefits to 19 expecting parents among the roughly 3,000 employees fired in the U.S. and India this week, according to internal company communications seen by Bloomberg.
The group is eligible to receive 12 months of extended Cobra benefits, Richard Benson-Armer, interim chief human resources officer said in an internal message. Benson-Armer also said that Garg will “personally cover additional health-care insurance costs if the impacted employee has not found employment and/or health-care insurance.”
The firm confirmed Benson-Armer’s comments.
Garg drew criticism for firing 9% of the company’s workforce via
Employees who lost their jobs this week already qualify for cash severance payments, according to an
Some employees caught in this round of job cuts said they received severance payments or were locked out of their computers