Better.com has been in the news. The board placed Garg on leave after his video received backlash on the internet since the viral video of CEO Vishal Garg firing over 900 employees surfaced on the Internet, . However, his hiatus was brief, and the better.com CEO returned to his post, prompting senior executives to resign.
Since Garg’s return, the company has lost a number of senior executives. According to a TechCrunch report, Sarah Pierce, the executive vice president of customer experience, sales, and operations, and Emanuel Santa-Donato, the senior vice president of capital markets and growth, both left the company soon after Garg returned.
“Throughout my time, I would always get asked what keeps you at Better?’ From my first day to my last, my answer never changed: the people. For six years, I got to work with some of the smartest and hardest working people I have ever met.To my colleagues at Better, I will miss you. And to the people who have left Better, it has been so inspiring to see the unbelievable steps you are taking in your careers and amazing companies you are joining,” Pierce posted on LinkedIn. It has been reported that the majority of employees who were fired by Garg reported to Pierce.
Following Pierce and Emanuel’s resignations, two other board members, Raj Date and Dinesh Chopra, recently tendered their resignations. Employees left in “droves” after Garg returned, according to the report.
Vishal Garg abruptly fired nearly 900 employees over a Zoom call in December 2021. He claimed in the video that it wasn’t his first time firing people and that he had done so previously. “I’m coming to tell you some bad news. If you’re receiving this call, you’re among those who will be laid off. In the viral video, he said, “Your employment here is terminated effective immediately.”
Soon after facing the wrath of netizens, Vishal also issued an apology letter. He apologised for not showing an “appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better.”
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