CEO fires over 900 employees over Zoom call in U.S.
The Hindu
Fortune reported that Mr. Garg accused the employees of “stealing” from their colleagues and customers by being unproductive and only working two hours a day.
An Indian-origin CEO of a U.S.-based homeownership company Vishal Garg has abruptly fired more than 900 employees, about 9% of its workforce, on a Zoom webinar, citing market efficiency, performance and productivity as the reasons behind the move.
Mr. Garg cited market efficiency, performance and productivity as the reason behind the firings, the report said.
“If you’re on this call, you are part of the unlucky group that is being laid off,” he said on the call.
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