Better.com CEO Lays Off 900 Employees During Zoom Meeting
Vishal Garg, the CEO of mortgage company Better.com, announced to more than 900 employees – about 9% of its workforce – during a Zoom – Zoom Video Communications Inc (NASDAQ:ZM) – webinar that it would fire them before the upcoming holiday period. The reason behind the stunning message was “a change in the market.” Q3 2021 hedge fund letters, conferences and more Better.com CEO Drops A BombAs reported by CNN Business, Garg dropped the bomb by saying: “If you're on this call, you are part of the unlucky group that is being laid off … Your employment here is terminated effective immediately.” Ga...