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This is the best tl;dr I could make, original reduced by 77%. (I’m a bot)
The CEO of New York-based online mortgage lender Better.com has sacked a total of 900 employees with immediate effect during a now-viral Zoom call.
On the Zoom call, Garg informed the affected employees that the organization would provide four weeks of severance and one month of full benefits, as well as other coverage as part of a package.
Garg told Fortune that a month earlier, the company began to review employee productivity data, including missed telephone call rates, number of inbound and outbound calls, employees showing up late to meetings with a customer, and other metrics.
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