CitizenVectron Posted December 6, 2021 Share Posted December 6, 2021 Better.com CEO fires 900 employees over Zoom WWW.CNN.COM Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on a Zoom webinar Wednesday abruptly informing the more than 900 employees on the call they were being terminated just before the holidays. Quote Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on a Zoom webinar Wednesday abruptly informing the more than 900 employees on the call they were being terminated just before the holidays. Fired people working from home: Quote Garg cited market efficiency, performance and productivity as the reason behind the firings. Fortune later reported Garg accused the employees of "stealing" from their colleagues and customers by being unproductive and only working two hours a day. Also fired their DEI committee (Diversity, Equity, Inclusion): Quote Among those fired were the diversity, equity and inclusion recruiting team. Sounds like a great boss and a great company, best wishes for them in the future! Quote The Daily Beast reported in August that one of Garg's most "loyal lieutenants" received massive perks, such as millions of dollars worth of stock options that could be vested immediately, not comparable to other employees. That person was later placed on administrative leave for bullying. 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted December 6, 2021 Share Posted December 6, 2021 A better way to lay people off. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted December 6, 2021 Author Share Posted December 6, 2021 Oh also he sent this email in 2020 because he hates everyone in the company: Mortgages, Fraud Claims And ‘Dumb Dolphins’: A Tangled Past Haunts Better.com CEO Vishal Garg WWW.FORBES.COM The $4 billion fintech startup is hurtling towards an IPO. But its volatile leader is fighting multiple lawsuits that could complicate his ambitions. Quote “HELLO — WAKE UP BETTER TEAM, You are TOO DAMN SLOW. You are a bunch of DUMB DOLPHINS and…DUMB DOLPHINS get caught in nets and eaten by sharks. SO STOP IT. STOP IT. STOP IT RIGHT NOW. YOU ARE EMBARRASSING ME.” Quote Link to comment Share on other sites More sharing options...
Bacon Posted December 6, 2021 Share Posted December 6, 2021 Sounds like they got worse 2 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 6, 2021 Share Posted December 6, 2021 The company I was with at the beginning of the year did the same thing. If you got an email you got a link to a video basically saying you're canned, you're gonna get a more personalized package from your manager but you've got 90 days. I didn't get laid off but I quit shortly after Quote Link to comment Share on other sites More sharing options...
Anathema- Posted December 6, 2021 Share Posted December 6, 2021 59 minutes ago, Bacon said: Sounds like they got worse 🎶 dot cooooooom 🎶 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted December 6, 2021 Share Posted December 6, 2021 I tried to use better for my last mortgage but their website kept fucking shit up and I missed a few buying opportunities because it would just spin on getting my offer letters. I ended up going with Chase. Quote Link to comment Share on other sites More sharing options...
Captain Pickle Posted December 6, 2021 Share Posted December 6, 2021 32 minutes ago, SuperSpreader said: I tried to use better for my last mortgage but their website kept fucking shit up and I missed a few buying opportunities because it would just spin on getting my offer letters. I ended up going with Chase. Sounds like they need to hire more people Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted December 6, 2021 Share Posted December 6, 2021 Well THAT is certainly a very punchable face. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted December 6, 2021 Share Posted December 6, 2021 1 minute ago, skillzdadirecta said: Well THAT is certainly a very punchable face. Let's let @Bloodporne decide! Quote Link to comment Share on other sites More sharing options...
Bloodporne Posted December 6, 2021 Share Posted December 6, 2021 31 minutes ago, Keyser_Soze said: Let's let @Bloodporne decide! Skillz can be my acolyte. He of the Punchable Face Tribunal. 1 Quote Link to comment Share on other sites More sharing options...
finaljedi Posted December 6, 2021 Share Posted December 6, 2021 The company I worked for last year sent an email one Thursday morning in April saying that they were laying people off and the people being cut would know by afternoon. No one did any work that morning and they sent an email out at like 11:00 saying if you didn't get notification yet then you were fine and to please get back to work. The cuts weren't at all performance based either, the decisions on who to cut were made at the executive level. Then a month later everyone else was told they'd take a 5% pay cut the rest of the year, but we got good news in September that they had their best sales month ever, but full pay didn't come back until January anyway. Needless to say "the great resignation" of 2021 hit them pretty hard, my exit interview was a survey link. 1 Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted December 6, 2021 Share Posted December 6, 2021 56 minutes ago, Bloodporne said: Skillz can be my acolyte. He of the Punchable Face Tribunal. 1 Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted December 6, 2021 Share Posted December 6, 2021 The "dumb dolphins get eaten by sharks" thing reminds me of the 80s business guy from Futurama Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 7, 2021 Share Posted December 7, 2021 1 hour ago, Ricofoley said: The "dumb dolphins get eaten by sharks" thing reminds me of the 80s business guy from Futurama Don't you worry about x, I'll worry about x Quote Link to comment Share on other sites More sharing options...
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