Better.com is laying off about one-third of its workforce, amounting to roughly 3,000 jobs. The company, which gained notoriety last year after its CEO fired 900 employees over Zoom just before Christmas
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The CEO of Better.com, best known for firing 900 employees over Zoom just before Christmas, is coming back to work. Here are the details.
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Better.com CEO Vishal Garg, who laid off 900 employees over a Zoom meeting that lasted less than three minutes, is taking time off from the company, Vice reported. Here are the details.
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Days after Better.com’s CEO unceremoniously fired 900 people over Zoom, several executives are handing in their resignation letters.
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The mortgage industry has been fueled by refinancings, which skyrocketed during the pandemic as mortgage rates dropped to historic lows. But with mortgage rates rising and expected to go higher, that boom is slowing down. And Better.com’s CEO lowered the boom on 900 workers – via Zoom. Here’s what happened.
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“If you’re on this call, you are part of the unlucky group that is being laid off,” the CEO says in a recording of which was viewed by CNN Business. “Your employment here is terminated effective immediately.”
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This past August, the company opened an office at WeWork RailYard in Charlotte’s South End. There’s already 20-30 people working in that space, with another 100 people expected to be hired by the year’s end.
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