Better CEO Vishal Garg has apologized to the mortgage company’s staff, saying he failed to show adequate respect for the 900 former employees who were let go last week.
Source: Inman News
‘I blundered’: Better CEO apologizes to workers after layoffs go viral
Published in apology, Banking & Lending, Better, ceo, holidays, Industry News, layoffs, Mortgage, News Brief, Technology, termination, Vishal Garg and Zoom call
More from apologyMore posts in apology »
More from Banking & LendingMore posts in Banking & Lending »
- 8 reasons you should never recommend a 50-year mortgage
- Are 50-year mortgages an affordability fix or a time bomb?
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from BetterMore posts in Better »
- Is the ‘proptech winter’ ending? This is what investors are watching
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Shares in Better get a boost from $534M debt restructuring
- Better’s losses shrink as AI boosts 2024 loan volume, revenue
More from ceoMore posts in ceo »
More from holidaysMore posts in holidays »
More from Industry NewsMore posts in Industry News »
More from layoffsMore posts in layoffs »
- Heard of a K-shaped economy? You’re living in it now
- Ally Financial’s exit from mortgage will impact Better, HouseCanary
- Flagstar shedding 1,900 workers, but many could land at Mr. Cooper
- Side debuts profit-sharing program, lays off staff members
- Redfin lays off nearly 100 Redfin Concierge service employees
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from News BriefMore posts in News Brief »
More from TechnologyMore posts in Technology »
- Future-proof your digital footprint for 2026 (and beyond)
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
- DR Horton gets into AI mortgage tech with Tidalwave stake
More from terminationMore posts in termination »
More from Vishal GargMore posts in Vishal Garg »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Shares in Better get a boost from $534M debt restructuring
- Better’s losses shrink as AI boosts 2024 loan volume, revenue
- Better waiving $995 origination fee for repeat mortgage customers
Be First to Comment