Less than one month after laying off 3,000 employees, digital mortgage lender Better.com is offering its corporate, product, design and engineering employees 60 days paid severance, or voluntary separation plans, and health insurance coverage “to anyone who wants it,” according to several sources familiar with internal happenings at the company.
Better.com executives cited the current mortgage markets for the move in an e-mail to employees. Eligible employees will get an email later today with the ability to accept the voluntary separation. The last day for employees to accept the offer is April 15, according to an email from the company seen by TechCrunch.
In addition, those sources said the company is losing “around $50 million a month,” citing a recent internal meeting in which the figure was disclosed. Better.com has scheduled a …
