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It took Better.com CEO Vishal Garg just three minutes to cull 900 people from his company's payroll, but that wasn't the only thing he reportedly wanted done quickly.
In one of dozens of planning meetings leading up to the layoffs, Garg reportedly sought to give laid-off workers just one or two weeks of severance pay — even as the company gave no indication the cuts were coming — according to two people with direct knowledge of the meetings.
The people — current and former employees — also told Insider that other executives pushed for periods of two months or 10 weeks, and that several even walked out of the discussion over the small size of Garg's proposed package.
Garg relented somewhat, offering employees four weeks of severance at the time of the layoffs, but that number was later increased to 60 days after lawyers threatened to sue the company for violating US law concerning advance notice for "mass layoffs."
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