Better Reportedly Cuts More Workers Ahead of SPAC Merger

National Mortgage News, May 19, 2022–Andrew Martinez (subscription)
The lender, which has already spent up to $84.1 million in layoff expenses, cut approximately 920 workers in India, TechCrunch and local media outlets reported. The company allegedly offered voluntary separation agreements to its 2,100 employees in the country and pulled back after 90% of them initially accepted.