Over 4000 employees laid off including pregnant women at Better.com
Following the lay-off of 900 employees over a shocking Zoom call before Christmas last year, digital mortgage company Better.com is in the news again for sacking people again. And this time it is starting on Women’s Day.
It is understood from harrowing experiences shared by employees on LinkedIn that over 4,000 employees, including pregnant women and expectant parents, are being laid off. The lay-off coincided with International Women’s Day.
One woman said that her computer just shut down in the middle of work.
“I did not find out through our payroll system, my bank account showing a severance check, or a phone call from HR. My computer just shut down in the middle of me responding to one of my clients,” Amanda Bullard wrote on LinkedIn.
Another employee was disheartened to be sacked soon after his birthday. “I just turned 26 and I never imagined being laid off would be my birthday gift. But as I said to a rep on my team this morning: “It’s part of the journey of life. Obstacles don’t break us, they make us stronger. It’s the obstacles that lead us on the path to greatness,” Hiren Gihwala wrote.
Eric Blattberg shared a post where an employee urged CEO Vishal Garg and CFO Kevin Ryan on business communication platform Slack to provide extended medical benefits to all the pregnant women getting laid off on Women’s Day.
Better.com employees, in gracious posts, thanked the company for the opportunity and even said they understand the reason behind layoffs. What many complained about was the timing, and the execution that comes after the widely-criticised Zoom call sacking preceded by Vishal Garg.
Indian-origin Garg returned to his post as CEO after a month long break after the controversial Zoom call where he laid off 9 per cent of his company’s workforce. The 43-year-old had then stepped down and apologized for his manner of handling layoffs.
This time too, employees complained of no proper intimation.
Founded in 2016 and headquartered in New York, Better.com offers mortgage and insurance products to homeowners through its online platform.
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