Hired and laid off - Anonymous employee Sphero Employee Review

Thank you for your taking the time to share your feedback; I read each review and do not take the feedback lightly. The road of growth from startup to a large profitable business is dynamic, and we sometimes have to make changes down the road that might not be known at the time someone is hired. One of the most difficult parts about being a CEO is making difficult decisions that are necessary for the business, but impact our people. We wish we wouldn%E2%80%99t have to lose our talented team members, especially if they recently joined the team, but we did our best to assist employees with their transition to their next opportunity. Severance packages were provided in a fair and consistent manner to all employees who were impacted. We also provided resources like collecting information about our team members and sharing it with over 100 different companies, offering resume assistance, training sessions on resumes & interviewing, office hours on the weekend to help with questions, and a transition resources guide. Regarding benefits, you are correct that there is no 401(k) match. We offer an option for 100\% covered medical, dental and vision coverage (no premiums paid by employees) and hope this savings allow employees to set aside funds for retirement. We also listen to feedback from employees about our benefits and make changes to our offerings to better fit the needs of our employees. For instance, in 2019, we had feedback that employees would like access to a broader network as well as fertility coverage in our medical plans, so we have added both of these requests to our coverage for 2020. We strive to offer benefits that are competitive and meet the needs of our employees. I would be happy to speak with you one on one to discuss your feedback and share some insights about running this type of business and some of the difficult decisions that must be made. I extend my gratitude for your contributions to Sphero and wish you the best of luck with your next step in your career.