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Company Layoffs - Blind
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How Better.com and its CEO left laid-off workers out to dry

https://www.fastcompany.com/90750106/how-better-com-and-its-ceo-left-laid-off-workers-out-to-dry

May 10, 2022 — For former employees of the once high-flying mortgage startup, getting fired was only the beginning in a nightmare seemingly without end.


Better.com CEO accuses laid off employees of working only …

https://fortune.com/2021/12/03/better-com-ceo-attacks-laid-off-employees-blind-message-board/

Dec 3, 2021 — Garg’s posts on Blind follow a difficult week for both Better .com employees and ex-staffers alike, five of which tell Fortune they were …


Vishal Garg: Better.com CEO Trashes Fired Employees On Blind

‘They were stealing from you and stealing from our customers’: Better.com CEO trashes 900 people he fired over Zoom

Dec 6, 2021 — Late last week, the chief executive officer of Better .com fired 900 employees in a brief Zoom call. Vishal Garg, who also founded the mortgage …


Better.com said to be planning third round of layoffs

Better.com said to be planning third round of layoffs

Apr 13, 2022 — Better .com is reportedly planning to a third round of layoffs , which would impact members of its real estate and refinance teams.


Better.com loses more senior execs as employees brace for …

Better.com loses more senior execs as employees brace for another mass layoff

Feb 19, 2022 — More executives have resigned from Better .com nearly three months after the online mortgage lender laid off 900 employees via Zoom and as …


Better.com layoffs: “I don’t understand how executives could …

https://www.mpamag.com/us/news/general/bettercom-layoffs-i-dont-understand-how-executives-could-allow-it-to-be-done-so-poorly-twice/398239

Mar 11, 2022 — The online mortgage lender has sacked roughly 3,000 employees in the US and India, including pregnant women and expectant parents, from Tuesday …


Better.com job cuts – thousands more coming: report

https://www.mpamag.com/us/news/general/bettercom-job-cuts-thousands-more-coming-report/397932

Mar 9, 2022 — Months after its mass Zoom layoff controversy, digital mortgage lender Better is on the verge of eliminating thousands of jobs as shifting …


Better.com CEO Who Fired Employees During A One … – Forbes

https://www.forbes.com/sites/jackkelly/2022/04/09/bettercom-ceo-who-fired-dumb-dolphin-workers-over-a-one-way-zoom-call-now-says-he-pissed-away-200-million/

Apr 9, 2022 — You may recall the viral story of Vishal Garg, CEO of unicorn mortgage lender startup Better .com. After receiving a $750 million cash infusion …


Better.com is at it again, this time with voluntary separation plans

https://www.protocol.com/bulletins/better-dot-com-separation-plans

Apr 7, 2022 — Better .com CEO Vishal Garg went viral last December for his bungled handling of the company’s initial layoffs , which he later apologized for in …


Frequently Asked Questions

Who was laid off at better?

The company’s CEO Vishal Garg infamously laid off 900 people, or 9% of its workforce, via Zoom in December. Better then laid off another 3,100 people on March 8.

Why did better com layoff employees?

During its latest round of layoffs, Better.com pointed to turbulence in the housing market as a reason for the contraction. The company has not said how many employees were included in the cuts, or disclosed the total number of people it will employ after this downsizing.

What went wrong with better com?

The first fault is the lack of communication. Any kind of business need communication, lack of it will lead to problems only. Better.com has done the same thing twice, without having proper communication with their employees, the company is firing them. The employees were not given notice of their termination.

Is better com shutting down?

After Better.com’s infamous Zoom call firing last year, the digital mortgage company is now shutting down employees’ computers abruptly in its latest mass lay-offs, former staff has claimed.

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