Online mortgage lender Better plans more staff cuts

Better, the online mortgage lender that drew criticism for firing about 9% of its workforce via Zoom last year and made additional reductions last month, is planning to cut its staff further through a voluntary separation plan.

The company is offering some of its corporate and product development and engineering employees as much as 60 days of severance pay and health insurance if they agree to depart, according to a person with knowledge of the plans. The offer was announced at a town hall at noon New York time, the person said, asking not to be identified discussing information that isn’t public.

Employees under 40 years old will have

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