Economy

CEO who laid off 900 Zoom employees leaves office indefinitely

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Vishal Garg admits that he “failed” to fire employees.

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Better.com CEO Vishal Garg, who a week ago dismissed The company announced that 900 workers making a video call to Zoom will go on strike indefinitely.

Solution, informs Wall street journalwas reported to officials this Friday. In the letter, the company considers the events of the past week “very unfortunate” and announces that it is hiring a third-party company to assess the culture and leadership at Better.com. During this period, the company will be managed by CFO Kevin Ryan.

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Garg posted an apology on the company’s website last Wednesday in which he regrets how he laid off 900 workers.

“I take responsibility for this decision, but did not report it,” it says.

This controversy is not the first that Vishal Garg has been involved in recent months. Days before Zoom’s firing, in an initially anonymous post on social networking site Blind, the CEO accused some of his employees of “stealing” an online mortgage company by working fewer hours than they should have.

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“Did you know that at least 250 people laid off on redundancies worked about 2 hours a day, while receiving 8 from their salary? They robbed you (other employees) and our customers who pay the bills, who pay our bills. “Get an education,” Garg wrote under the pen name “uneducated.”

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