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They are achangin' from the times.
Garg said on the call that he was part of the unlucky group that was being laid off. Your employment is terminated immediately. The CEO of Better.com spoke during a call on Wednesday. 9% of the company's workforce was let go. Garg said that market efficiency, performance and productivity were the reasons behind the firings. Garg accused the employees of stealing from their colleagues and customers by being too productive and only working two hours a day. The diversity, equity and inclusion recruiting team was fired.
The mortgage lender received $750 million in cash as part of the deal, which was announced in May. The company has more than $1 billion on its balance sheet.
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