Better.com Said To Be Planning Third Round Of Layoffs

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Digital mortgage company Better.com is gearing up for another round of layoffs, multiple sources with knowledge of internal happenings at the company have told TechCrunch.

This time around, the company plans to lay off staffs in the Better Real Estate and the Refinance team.

Asked about the impending layoff, a spokesperson declined to make a comment publicly on the internal workings of the company.

Inconclusive how many staffs will be affected by the fresh round of layoffs, It might be in ‘hundreds’. It would mark the third mass layoff for the company since December 1. At that time, the company laid off 9% of its nearly 10,000-person staff, or about 900 people. Then on March 8, Better laid off another “just over 3,000” people.

Last week, the company offered a subset of employees the opportunity to voluntarily resign in exchange for 60 days paid severance and health insurance coverage.


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