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Round 3 layoffs for digital mortgage lender Better.com. In all, workforce reduced roughly 50%.

 
 

In its third round of layoffs in less than five months, Better.com cites declining mortgage market. Sources told TechCrunch they estimate today’s cut is 1200-1500 jobs. Combined with previous actions, this would mean reducing headcount from about 10,000 in December to less than 5,000 now.

In its third round of layoffs in less than five months, Better.com cites declining mortgage market. Sources told TechCrunch they estimate today's cut is 1200-1500 jobs. Combined with previous cuts, this would mean headcount reductions from about 10,000 in December to less than 5,000 now.

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Better.com conducts third round of layoffs – TechCrunch

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