Better.com CEO fires 900 employees on pre-holiday Zoom call
CBSN
About 900 employees of real estate company Better.com were asked to attend a Zoom call on Wednesday. But rather than offering a holiday message to workers, CEO Vishal Garg delivered a 3-minute speech informing attendees they were "terminated effectively immediately."
Videos of the Zoom call have been posted on social media networks and YouTube, with a source familiar with the company verifying the authenticity of the recordings. In the video, Garg sits at a white table, wearing a business-casual outfit of slacks, a shirt and a blue vest, and tells the workers that the "challenging decision" is his — and that it's the second time he's had to lay off workers.
"The last time I did it, I cried," Garg confides to the fired employees. "This time I hope to be stronger."
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