All employees of the appeal were terminated with immediate effect.
Vishal Garg, who heads the New York-based loan company, blamed former workers for poor performance and market inefficiencies in the now-viral video of the call last week. Garg then said he viewed the alleged productivity of workers on par with theft from customers and other co-workers.
Later in the video, Garg explained that the company needs to make the necessary cuts to deal with what has started to turn out to be a cooling housing market.
In May, Better.com announced it would go public and received $ 750 million in cash last week as part of the deal.
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