New Delhi: Days after sacking 900 employees over a Zoom call in a jiffy, Better.com CEO Vishal Garg has now reportedly written a mail apologizing to the company’s existing employees.
In his mail, Garg apologized to the employees for the inappropriate manner of laying off hundreds of employees. The CEO said he made a mistake in his execution of communicating the decision.
“I failed to show a fair amount of respect and appreciation for the individuals affected and for their contribution to the better. I have made the decision to lay off, but in communicating it, I made a mistake in execution. In doing so, I Shame on you,” Garg said in his email to existing employees.
This email was leaked by an employee of Better.com and is now circulating on the social media platform. Earlier, Garg had conducted a Zoom webinar in which he announced that 9% of the company’s employees would be laid off.
“If you are on this call, you are part of the unfortunate group that is being laid off… your employment here is now terminated,” he said on the call. He cited market efficiency, performance and productivity as reasons for laying off hundreds of company employees.
VIDEO In addition, he also accused employees of “stealing” from their coworkers and customers by being incompetent. He alleged that these employees worked for barely two hours a day.
“Layoffs are upset stomach, especially at this time of year,” the company’s chief financial officer (CFO) Kevin Ryan said in a statement to CNN. Read also: Tega Industries IPO Allotment Status: Check Direct Link, Steps to Know Your Bid Status
“However, a fortified balance sheet and a more focused workforce, along with a less and less focused workforce, positioned us to take offense in the dramatically changing homeownership market,” he said. Read also: Bank strike, bank holiday December 2021: Do your important work, branches will remain closed for 4 days next week
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