His letter continued: ‘I realize that the way I communicated this news made a difficult situation worse. ‘I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better’
‘I want to apologize for the way I handled the layoffs last week,’ a letter from Vishal Garg posted on the website read. The decision comes after Vishal, 63, faced national criticism for laying off 900 of his employees through Zoom on December 1, where he told them ‘If you’re on this call, you are part of the unlucky group that is being laid off.’ The recommendations of this assessment will be taken into account to build a long-term sustainable and positive culture at Better.’ ‘Vishal will be taking time off effective immediately… The Board has engaged an independent 3rd party firm to do a leadership and cultural assessment. The email read: ‘Vishal and the Board wanted to provide Better employees an update given the very regrettable events over the last week. In the email, obtained by Vice, the mortgage lender company’s board of directors told employees Friday morning that Vishal Garg would be taking time off and that the company had hired an outside firm to ‘do a leadership and cultural assessment.’
The CEO of, who fired 900 employees on Zoom and accused them of stealing last week, is ‘taking time off effective immediately,’ according to an internal memo.
0 kommentar(er)
