I’ve spent a lot of time thinking about where we are as a company and the type of leadership Better needs … and the leader I want to be,” CNN reported. I am deeply sorry for the angst, distraction and embarrassment my actions have caused.
In his own letter to employees, Garg wrote: “I understand how hard these past few weeks have been. In an email to staff, ’s board said, “As you know, Better’s C.E.O Vishal Garg has been taking a break from his full-time duties to reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach,” The New York Times reported.īetter, an online mortgage company, said they had an outside law firm review their workplace culture, and are implementing changes which include hiring more managers and a chief human resources officer, CNN reported. We reported in December when Vishal Garg apologized after he abruptly fired hundreds of people over the video conferencing app while accusing the employees of working only two hours a day and “stealing” from co-workers and customers. Careful though - believe us when we say this ones utterly brutal and. In a truly agonisingly clip, watch as a CEO fires 900 people on a Zoom call. Video being shared online shows the CEO of online mortgage company,, firing nearly 900 employees during a Zoom call. The founder and CEO of a company who became known for firing approximately 900 of his employees on a Zoom call in December is now returning to his job at the company. Shocking Video Shows CEO Fire 900 People On A Three-minute Zoom Call. Happy Holidays! Lauren Silver, Cox Media Group National Content Desk Januat 2:44 pm EST After seeing the TikTok video you are going on my list of “never work anywhere this guy leads”. How did the fired employees take the news Is there a right way to break such horrible news Palki Sharma tells you.
I was looked to see what the other “company you had to do layoffs at”. A CEO fired 900 employees without notice, on a video call. Hey you might want to update your LinkedIn profile. The company just received a $750 million cash injection from SoftBank.
Garg received a $25 million bonus last year. You can watch the moment almost a thousand employees discovered their fate below.įormer employees and other groups have been commenting on the video on social media, and some of what they have to say doesn’t reflect to kindly on the CEO.īillionaire CEO Vishal Garg laid off 900 employees in a 3-minute Zoom call. The Better-dot-com C-E-O said the firm needed to cut about 15 percent of its workforce because of changing markets. Recordings show Vishal Garg breaking the news to employees by telling them ‘if you’re on this call, you are part of the unlucky group’.
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