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Stu here! I know there have been a lot of changes happening lately, so let me simply reiterate what has been going on and why. KnowBe4 is always optimizing our operations and optimizing for the effects of the economic cycle. The current downturn has impacted our business strategy and workforce much less than many of the major tech companies.
The few changes that did impact employment were isolated events, and the executive leaders of those teams have been directly communicating to the members of the affected teams. As always, my first priority has been to care for the people affected by the changes. We looked at reallocating team members to other areas, and for the few who could not or did not want to change roles, we provided an ample severance package. Above all, I wanted to ensure these team members were cared for as they transitioned away from KnowBe4 to find other opportunities.
Regarding your concerns with health insurance, the monthly cost of our family Insurance was reduced by 30% for families with no change in plan structure. An additional high-deductible plan is also offered, which allows families to save up to 49% a month when compared to the prior year.
I assure you that I am determined to keep KnowBe4 a highly efficient, sane, fast, and fun workplace - with the positive and supportive culture that our Knowsters love.