At the end of the article it states that they offered their employees a chance to leave if they wanted with a generous severance package and that 10% took it. Doesn't sound like they forced them to leave.
It's only generous in dotcom terms. My mom took an early-retirement package from Kaiser Permanente as a bog-standard phone-room nurse: free no-copay health insurance for the rest of her and my dad's life. Free treatment, free prescriptions, free equipment. Free everything, for life.
That's a great deal for your mom, I'm glad she was able to get such an amazing deal.
On the other hand, Zenefits is an unprofitable startup with huge internal problems. Clearly, expecting them to provide such sorts of benefits would be beyond unreasonable.
I strongly beg to differ. That's just every startup in general. The dotcom days were way more debaucherous and perverse than what's going on today with startups.
Sorry, my mistake, I was using "dotcom" for the larger movement beyond the 2000 crash, including today. I was there, I can see the differences and similarities.