In December 2021, Garg laid off nearly 900 employees even after his company, which is a digital mortgage lender, had announced it received a cash infusion of about $750 million from Aurora Acquisition Corp and SoftBank.At the time of the early December layoffs, Better.com had about 9,100 employees, and several left afterwards.A couple of days after that Zoom meeting, senior communications and public relations executives stepped down.Garg later issued an apology for the embarrassing act that made headlines globally and hundreds of memes on social media platforms.
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