NEW YORK: The CEO who last week laid off 900 employees in a single Zoom call has apologised after he attracted sharp criticism when the video was posted on social media.
Vishal Garg, head of online mortgage originator Better.com, convened employees over the video streaming platform and told them “if you are on this call, you are part of the unlucky group being laid off”, according to a video posted online. “Your employment here is terminated, effective immediately.”
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!