Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(CNN)   Better.com? They should call it Worst.com. That's gold, Jerry, gold   (cnn.com) divider line
    More: Followup, Mortgage, mortgage lender, Layoff, Mortgage loan, employees' access, wider mortgage market, Mortgage industry of the United States, mortgage rates  
•       •       •

758 clicks; posted to Business » on 08 Dec 2021 at 1:53 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



7 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-12-08 1:38:47 AM  
Fark user imageView Full Size
 
2021-12-08 5:56:11 AM  
Next up, CEO pays himself big bonus based on layoffs. TAAAA DAAAAA!
 
2021-12-08 8:35:17 AM  
Mortgage industry is laying off in lots of places right now. Mass hiring to keep up with volume for the last two years make it almost mandatory to cut somewhere with volume dropping all next year. And some companies are laying off bigger percentage than Better.

But do it in such a way that you're not on CNN.
 
2021-12-08 8:43:02 AM  
The guy is a multi billionare, he didn't have to do shiat.
 
2021-12-08 10:27:10 AM  
My favorite is this notion that his employees are only working 2 hours a day. Here's the thing bucko, if your workers are efficient enough to complete their tasks in two hours and you end up paying them 6 hours for free that's on you, Not them. If anything isn't shows a workforce that is more effective than you initially thought and either you pass more responsibility to them, or you continue to pay them and underutilize them. Or you restructure your workforce to maximize potential. But it's not the workers job to find shiat to fill their day, and busy work isn't worthwhile or fulfilling for a long term career. They didn't steal from you. They did exactly what you asked and no more. Maybe they'd work harder if you treated them better, no?

Maybe take a step back and realize you're the asshole here, not them. fark you for failing to run your business appropriately.

Everyone of those employees that was fired and accused of stealing should sue him. That's gonna make it hard to find a new job with an accusation like that on your resume.
 
2021-12-08 11:26:26 AM  

Fourstring: Mortgage industry is laying off in lots of places right now. Mass hiring to keep up with volume for the last two years make it almost mandatory to cut somewhere with volume dropping all next year. And some companies are laying off bigger percentage than Better.

But do it in such a way that you're not on CNN.


Yeah, I interviewed at a relatively small local mortgage broker about 15 years ago. They were looking to hire a 4th developer for their internal apps. Everything was great, got along great with everyone, convenient location, respectable pay. But I turned them down after a little more research into how cyclical the industry is.

These layoffs are not unusual or hard to justify. This CEO farking it up so badly really should cost him his career. Managing shareholders, employees, and customers through turbulence is a huge part of the job. Creating turbulence through your own unforced error seems unforgivable.
 
2021-12-08 4:01:17 PM  

saywhonow: My favorite is this notion that his employees are only working 2 hours a day. Here's the thing bucko, if your workers are efficient enough to complete their tasks in two hours and you end up paying them 6 hours for free that's on you, not them.


I didn't read this article, but in another one on the same subject, the CEO said his team based it on things like "missed calls" and other productivity metrics.

i.e. they weren't getting their work done in 2 hours.

I'm not immediately taking the side of an employer, but I've worked with people that took advantage of a company's growth to fark off and do nothing. And it wouldn't surprise me if that segment were among the ones let go here.
 
Displayed 7 of 7 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.