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Harsh Goenka took to Twitter and said it was ‘Totally wrong’ to sack 900 employees, that too, over a Zoom call. Goenka added, ‘My heart went out to the 900 sacked employees’
The firings are sparking outrage, with some sources noting the company had received $750M in funding days before the layoffs.
Better.com's CEO Vishal Garg has been criticized for the way he fired hundreds of people. This came a week after the mortgage lender received a massive cash advance from investors.
The firings are sparking outrage, with some sources noting the company had received $750M in funding days before the layoffs.
An Indian-origin CEO of a US-based homeownership company has abruptly fired more than 900 employees, about 9 per cent of its workforce, on a Zoom webinar, citing market efficiency, performance and productivity as the reasons behind the move.