Étiquette : Layoffs

  • Better.com CEO Vishal Garg said $200M wasted on over-hiring

    Better.com CEO Vishal Garg said $200M wasted on over-hiring

    Fresh details have emerged about Better.com CEO Vishal Garg’s infiringfamous of 900 employees on a Zoom call last December — with a leaked video revealing the brash boss told the startup’s remaining workers that he should have done it sooner. Garg gave a dire forecast about the online mortgage lender’s business during the roughly 12-minute […]

  • Other retirees could take Tom Brady’s cue and return to the workforce

    Other retirees could take Tom Brady’s cue and return to the workforce

    Tom Brady of the Tampa Bay Buccaneers waves to fans at Raymond James Stadium in Tampa, Florida, on Sept. 9, 2021. Julio Aguilar | Getty Images Tom Brady sat on the sidelines for only 40 days before deciding to end his retirement from pro football. It is possible that more retired workers could do the […]

  • Better.com workers learned of layoffs when severance checks were sent early

    Better.com workers learned of layoffs when severance checks were sent early

    Better.com acknowledged mishandling another round of mass layoffs on Tuesday after some employees received their severance checks ahead of schedule – a mishap that occurred weeks after its top boss drew criticism for firing 900 employees during a Zoom call. The embattled online mortgage lender is laying off just over 3,000 staffers this week – […]

  • For These Hotel Workers, The Pandemic Recession Still Hasn’t Ended

    For These Hotel Workers, The Pandemic Recession Still Hasn’t Ended

    Joseph Tolbert was recently called back to his job in the banquet department of the Washington Hilton for the first time since the start of the pandemic. The good news: He would earn a solid hourly wage again to support his two young kids. The bad news: The work would last just a few days, […]