Fintech Bench conducts layoff while others still work month-to-month

Bench, an accounting and tax startup that was acquired in a fire sale by Employer.com last December for $9 million, has restructured significantly amid financial struggles. The company laid off dozens of employees and shifted its workforce to independent contractors based outside North America after deciding to keep roles flexible during the sale. However, some workers have faced customer churn due to frustration over legacy pricing issues and unprofitable customer support decisions. Despite these challenges, Bench remains focused on improving its services and exploring long-term solutions for its restructuring efforts.