'If you're on this call, your employment here is TERMINATED': CEO fires 900 workers in Zoom call
Better.com provides 'fast, low-fee approvals for mortgages,' according to its website. About 9percent of its workforce was fired during the brutal zoom call. CEO Vishal Garg, 43, said market efficiency, performance, and productivity were to blame for the firings, announced on Zoom last Wednesday. The mortgage lender, backed by Softbank, received a $750 million cash infusion last week, after announcing in May it was going public through a SPAC.
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