better.com layoffs
Report The CFO of the company says it is gut wrenching to have to lay off employees. It is a stark tidal shift for the company which announced it was going public earlier this year.
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About 900 people were affected.
. Mary Ann Azevedo Anita Ramaswamy. The news comes one day after announcing an amendment to its SPAC Agreement allowing companies Aurora Acquisition Corp. A day before the layoffs the company received a 750 million cash infusion from its backers Fortune and TechCrunch reported.
30 TechCrunch reported that the company was getting a cash infusion from its backers sooner than expected. Only those being laid off were invited. On the Zoom call Garg told the laid-off employees that the company would provide four weeks of severance and one.
He accused at least 250 terminated staffers of working just two hours a day Fortune reported. And SoftBank to provide Better with. It is a stark tidal shift.
And India the sources said. I am starting over and was a former trainer so thought YouTube might be the way to go. The layoffs are primarily taking place in the US.
The digital mortgage firm confirmed the layoffs on Wednesday. 430 PM PST November 30 2021. The people who I spoke with in my interview rounds were super chill.
The firm confirmed layoffs on Wednesday stating about 900 people were affected. Digital mortgage lender Better has mass layoffs on Zoom before holidays Just days after receiving a 750 million cash infusion Better dot com Lays off 10. Only those being laid off were invited.
CEO Vishal Garg claimed on the call that the layoffs were due to efficiency performance and productivity. Betters management team reviewed employee productivity data such as missed phone calls he said.
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