better.com layoffs
this company is so trash https://www.livemint.com/companies/news/bettercom-to-fire-over-250-employees-in-4th-round-of-layoff-11661507036986.html
mint
Why is this psychopath still running the company?
+1
Running what?
Why don’t the shareholders fire this clown already? He’s already brought a lot of shame and embarrassment to the company and is destroying what little reputation they have left.
Because he is making more money for shareholders . Shareholders don’t care about bad reputation , they only care about money . Less people , more profit margin , more money in shareholder pockets .
I really don’t get the hate for this guy. Mortgage industry has tanked. So what is he supposed to do? Keep paying ppl to do nothing?
This is not the only company doing a lay off and not the only company doing it on zoom either. Somehow this is the only company getting bad press I think. Most likely because it’s run by person of color. Skillz has done 2 rounds of layoffs on a zoom call that lasted 5 mins. And continues to do silent layoffs every week with no severance either. The CEO calls company wide zoom call and rants on the employees who survived and blames them for company not doing well. Have not seen anyone bothered to write any articles about how bad the CEO is or how badly employees are treated.
person of color?? really?
Of course that's the reason. Racism. We know only white people can be utterly incompetent
They should rename as “sick.com”
This is just a continuation of the ongoing shake out in the mortgage industry. It's a bloodbath pretty much everywhere except the GSEs.
Housing is about to crash hard. I give it until November until bottom starts falling out
Nah it will take much longer
Blind folks, why are you so surprised? You have to admit that 90% of "high-tech" companies today are not really "high-tech". They are just using "high-tech" to wrap up their service to convince investors spending money on them. Essentially, they are still the same as other "traditional" companies.
They're done. They missed the window to exit. With interest rate hikes and housing headwinds any company in this space will be facing serious headwinds for many quarters. Even if they make it through the cycle their valuation will be significantly smaller because investor "irrational exuberance" will be gone as they chase they next hot space. It will be like trying to pitch SPACs or meme stocks past their "sell by date." Anyone excited about a ride sharing startup, fintech, ICO, or any SoftBank portfolio company ?
Better call worse.com?
So glad I ignored their recruitments emails two years ago for product roles.
Another one
Says DJ Khaled
God did