Better.com’s dream of becoming a public company is on shaky ground these days. Events of the past week include a large layoff conducted over Zoom and the CEO apologizing after making disparaging remarks about those he cut.
The explosive growth enjoyed by subservicing vendors in past years is beginning to ebb, but the train is moving forward nonetheless. Meanwhile, all eyes are on market leader Cenlar. (Includes data chart.)
Regarding the apology, one human resources executive said Garg’s new email is “too little, too late. I think Garg now realizes he made a tragic mistake.”