CEO Vishal Garg is facing backlash after laying off 900 employees over Zoom and then accusing them of “stealing” by not being productive. Better.com ...

When Better.com CEO Vishal Garg laid off 900 employees, or about 9% of the company’s staff, in early December, the startup world was shocked by his callous delivery. Now a video of Garg and CFO ...

In a letter to employees dated Tuesday, the executive, Vishal Garg, wrote that he failed to show the “appropriate amount of respect and appreciation” for those who were laid off.

The CEO of digital mortgage company Better, Vishal Garg, laid off 900 people on Zoom last week. Insiders shared the upheaval within the company since.

Vishal Mega Mart shares fell 4% on Tuesday after a major block deal by its promoter entity, Samayat Services LLP. Samayat Services LLP, backed by Partners Group and Kedaara Capital, offloaded ...

Max Levchin, CEO of buy-now, pay-later platform Affirm, said it’s important to help your employees pack their boxes after you lay them off. Although he was “terrified of owning the ...

Digital mortgage lender Better.com continues to lay off staff, and seemingly in as callous a way as possible. Indeed, whereas most companies try to avoid repeated layoffs, the outfit — which ...

Aside from abruptly laying off 900 employees, Garg accused at least 250 of the fired workers of “stealing” from the company through lack of productivity.

The Indian-American CEO said market efficiency, performance, and productivity were the reasons behind the mass lay-off in 2021.