Sadly, Better.com to Layoff 4,000 People: What Reports Say

So, Better.com Indian – American CEO Vishal Garg is ready to shock everyone by laying off 4000 employees again. The number accounts for half of the present employees. So, dive in to know what the buzz is all about. 

So, What happened in December 2021?

The New York-based digital mortgage lender has employees both from America and India. Better.com has achieved $ 900 million since 2016, and the worth is much lower now. The company raised $500 million from SoftBank in April 2021, pushing its valuation to $6 billion. So, earlier in December, the deal was closed at $1.5 billion to end the term as the interest rates were going high.