Company THat JUst Laid Off 900 People Is Worth $7.7B [View all]
Better.com CEO accused hundreds of the 900 people he laid off on Zoom of 'stealing' by working only 2 hours daily”
“Vishal Garg, the founder and CEO of the digital mortgage company Better.com, laid off more than 900 people over Zoom last week. He accused "at least 250" terminated staff members of stealing from the company by working just two hours a day, Fortune first reported.
"You guys know that at least 250 of the people terminated were working an average of 2 hours a day while clocking in 8 hours+ a day in the payroll system? They were stealing from you and stealing from our customers who pay the bills that pay our bills. Get educated," Garg wrote, according to a Blind post viewed by Fortune.
https://www.businessinsider.com/better-com-ceo-accused-hundreds-layoff-staff-working-2-hours-2021-12
“Better.com to go public via SPAC at $7.7B valuation
Debut would come later this year
May 11, 2021, 11:48 am By James Kleimann”
https://www.housingwire.com/articles/better-com-to-go-public-via-spac-at-7-7b-valuation/
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