
Video: Unacademy CEO Announces No Appraisals While Wearing $400 Burberry T-Shirt, Internet Reacts
NDTV
In his town hall address to employees, Mr Munjal said that they had not met their growth targets and therefore would not be holding appraisals for the workforce.
Weeks after firing around 250 employees, Gaurav Munjal, the CEO of ed-tech startup Unacademy, announced that employees will not receive appraisals this year. Last week, Mr Munjal appeared at the company's virtual town hall as he announced no hikes for employees. He was reportedly wearing a $400 Burberry T-shirt during the announcement, and the irony of this moment was not lost on social media. Sharing the video of the town hall on Reddit, one user pointed out the CEO's expensive T-shirt.
"This is Burberry Black Parker tshirt with embroidered logo. Yeah agreed that one shouldn't go after their personal stuff. But it is what it is," the user wrote.
Watch the video below: