Explainer

Vishal Garg: Why did Better.com CEO fire 900 employees?

Pinterest LinkedIn Tumblr
Why did Vishal Garg fire 900 employees?
Vishal Garg I wsj.com

Vishal Garg has become so popular due to his decision to sack 900 employees from his company.

Until then, not much was known about him but he is the Founder and CEO of Better which is a digital home-ownership company that is seeking to make homes more affordable.

Vishal Garg founded Better.com in January 2014. He has since remained the CEO of the company he founded

Why did Better.com CEO fire 900 employees?

Vishal Garg recently announced to his employees that he is firing them via Zoom. The video has gone viral especially on Tiktok with people asking his reason for the layoff.

READ MORE: Who is Vishal Garg? Bio, age, wife, net worth, Twitter, LinkedIn, Instagram

Vishal Garg enumerated market efficiency, performance, and productivity as the reason behind the firings. He also accused the employees of “stealing” from their colleagues and customers by being unproductive and only working two hours a day.

He is on a cost-cutting exercise that will affect about 15 percent of the company’s employees in the United States of America and India.

Source: Ghanafuo.com

Editor at Ghanafuo.com – Joseph Dumolga is a prolific writer and entertainment enthusiast, who has written many blog articles on music, art, and pop culture. He is a student of the Ghana Institute of Journalism. Joseph Dumolga is well-rounded on global issues but has a passion for music, art, and culture.

Write A Comment