#882 - Better.com CEO Vishal Garg Apologizes For Firing 900 Employees Over Zoom

Vishal Garg, the CEO of mortgage company Better.com who was recently criticized after he reportedly informed roughly 900 employees of their termination over a Zoom call, has apologized for failing to show them "the appropriate amount of respect and appreciation." 

"I want to apologize for the way I handled the layoffs last week," Garg wrote in a letter posted on the company’s website. "I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better. I own the decision to do the layoffs, but in communicating it I blundered the execution. In doing so, I embarrassed you."

Garg, who founded the company in 2016, was seen in a video that emerged earlier this week telling his employees of their termination. During the Zoom call, Garg could be heard telling them that he did not have "great news" and said the last time he was forced to make a similar announcement, he cried.

https://www.fox13news.com/news/better-com-ceo-vishal-garg-apologizes-for-firing-900-employees-over-zoom

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