Better.com continues to show the world why it is imperative to have a proper strategy in place when it comes to a shift in the structure of the business because this is not it! As previously reported by AfroTech, the mortgage company has recently been under fire after laying off thousands of employees in two rounds of layoffs with some not even aware that their positions had been cut until seeing their severance packages show up in their bank accounts. Fortune now reports that the startup company is asking for voluntary resignations as they continue to work to scale down within the organization. In a newly implemented voluntary separation program, existing employees are being asked to step down on their own. And if so, those based in the U.S within the corporate and product sectors will receive 60 days of both severance and health insurance. While it has not been noted how many employees will be eligible for the package, Better.com did announce in yet another email that “eligible...
Apr 7, 2022
Imagine finding out that you’re being laid off via Zoom. Sadly, this is the reality for one group of employees. According to Inc., shortly after nearly 900 people were laid off through the video teleconferencing platform, Zoom, an additional 3,000 employees have been laid off. The company, Better.com, offers customers a one-click solution to the entire home-buying process including scouting an agency, securing a mortgage and even helping them to shop for insurance. Despite making the lives of its customers easier, some of its former employees might note that their experience has been the complete opposite.
Mar 9, 2022