There are different ways of thinking about remainders when you deal with negative numbers, and he is probably confusing two of them. The mod function is defined as the amount by which a number exceeds the largest integer multiple of the divisor that is not greater than that number. In this case, -340 lies between -360 and -300, so -360 is the greatest multiple LESS than -340; we subtract 60 * -6 = -360 from -340 and get 20.
Working with a positive number like 340, the multiple we subtract is smaller in absolute value, giving us 40; but with negative numbers, we subtract a number with a LARGER absolute value, so that the mod function returns a positive value. This is not always what people expect, but it is consistent.
If you want the remainder, ignoring the sign, you have to take the absolute value before using the mod function.