Better.com employees got severance checks before layoffs
TechCrunch reported Tuesday that a portion of the 3,000 or so Better.com employees who were set to be laid off this week received pay slips for their severance checks — before they were told they were going to be laid off. The company uses the Workday…
Better.com has mass layoffs on Zoom before holidays
Just days after receiving a $750 million cash infusion, a tech startup that Forbes branded in October as a “unicorn,” valued at $7 billion, laid off hundreds of employees in a manner that some online deemed “brutal.” Better.com, a digital mortgage lender…
SoftBank-Backed Startup Better.com Axes 900 in Three Minutes
Photo Illustration by Thomas Levinson/The Daily Beast/Getty Better.com, the SoftBank-backed mortgage startup with a wildly temperamental founder, laid off roughly 10 percent of its workforce today, or about 900 people in the United States and India,…