Better.com is offering paid severance agreements to some employees weeks after laying off more than a third of its workforce, TechCrunch reported on Wednesday. The online mortgage lender is sending the agreements to some members of its engineering, product, design, and corporate teams as it loses around $50 million per month. Those who accept the offers will receive 60 days’ worth of pay and...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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