New Delhi: Vishal Garg, Chief Executive Officer (CEO) of Better.com, recently issued a decree to sack 900 employees on a Zoom call within minutes.
Since then, the news of this massive layoff has been a topic of discussion in the city on social media. However, Garg later issued an apology to his employees for the shameful act, which made headlines across the world and created hundreds of memes on social media platforms.
Meanwhile, industrialist Anand Mahindra took to Twitter to weigh in on the entrepreneur for his move and wondered whether it would be worth giving him a second chance.
“I’m curious to know if you think the CEO can save after such a mistake?” He tweeted. Also he asked if it would be appropriate to give a second chance…?” Mahindra tweeted.
Anand Mahindra is quite active on Twitter with more than 8.5 million followers. Reacting to the tweet on Mahindra CEO Vishal Garg, his followers commented and expressed their views.
A follower replied to this, “It’s not like anyone gives them a second chance! It’s about whether they need empathy to be a leader!”
I’m curious whether you think a CEO can survive after a mistake like this? Is it worth giving a second chance or not? https://t.co/sPDcr9qmYE
– Anand Mahindra (AnandMahindra) December 9, 2021
Another follower replied to Anand Mahindra’s tweet: “Your question is whether a CEO can survive this. Definitely not. The lack of empathy and low EQ for a CEO is obvious. I don’t know if he can.” Who was trying to please. No wonder people nowadays are at least proud of the companies they are working for.
Your question is “Can a CEO avoid this?”. Definitely not. For a CEO, a lack of empathy and a low EQ is pretty obvious. I don’t know who he was trying to please. No wonder people nowadays are less and less proud of the companies they work for.
— we6 (@wenky27) December 9, 2021
CEO Vishal Garg apologizes
Better.com CEO Vishal Garg has apologized for his behavior after the video of the meeting went viral on social media. Vishal Garg said that he has made a big mistake regarding the layoffs. Following the move, Garg expressed regret and said he had “wrong the execution” of communicating the layoffs.
“I realize that the way I have forwarded this information has made a difficult situation worse,” the CEO said in a letter.
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