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The Wall Street Journal: Better.com asks employees to quit after two rounds of layoffs

Better.com, the online mortgage lender which has had two rounds of layoffs since December, is offering some employees a voluntary agreement to leave the company.

Better.com is giving eligible U.S. employees in corporate and on the product, development and engineering teams the option to take a voluntary separation package, according to a memo to employees which was viewed by The Wall Street Journal. The agreement offers 60 working days of severance pay and health insurance coverage. 

The memo didn’t say how many people would get separation package offers.

A company spokesperson confirmed the plans. The company has about 6,000 employees in the U.S. and India, the spokesperson said.

An expanded version of this story is available at WSJ.com

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