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Vishal Garg, who laid off 900 employees during the Zoom call, became the CEO again


Better.com CEO: Indian-origin CEO Vishal Garg, who faced criticism for suddenly ordering 900 employees to be fired during a meeting on a Zoom call before Christmas last month, took charge again on Wednesday. Garg is the CEO of online loan company ‘Better.com’. He had gone on a long leave after facing criticism for the way Garg had used words to fire employees during the Zoom meeting.

At present, it has been announced by the company on Wednesday that CEO Vishal Garg is returning to his post. A report in The New York Times cited an email sent to employees by the company’s board. Which read, “As you are aware, Vishal Garg, CEO of Better, was taking a break from his full-time duties to reflect on his leadership. He is being re-engaged with the company. The statement read,” We have faith in Vishal and the kind of leadership, focus and vision he is committed to providing, which he needs to improve at this critical time.”

A CNN report said that in a separate letter to employees, Garg said, “I understand how difficult these past few weeks have been.” I am deeply sorry for the anger, confusion and embarrassment caused by my actions. I have spent a lot of time thinking about where we are as a company and what kind of leadership is better and what kind of leader should I be.

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However, Garg has already apologized for the manner in which he ordered the removal of around nine per cent of the company’s employees. Let us tell you that Better.com is an American company, which gives online loans to customers. Its CEO Vishal Garg is a person of Indian origin. Vishal Garg had fired 900 employees of the company during a Zoom video call in the month of December last year, for which he was being criticized a lot. In the meantime, now he realized his mistake and he also apologized for it.

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