{"id":16563,"date":"2021-12-09T11:02:32","date_gmt":"2021-12-09T16:02:32","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=16563"},"modified":"2021-12-15T09:38:56","modified_gmt":"2021-12-15T14:38:56","slug":"better-com-ceo-apologizes-after-firing-employees-via-zoom","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/better-com-ceo-apologizes-after-firing-employees-via-zoom\/","title":{"rendered":"Better.com CEO Apologizes After Firing Employees Via Zoom"},"content":{"rendered":"\n<p>Vishal Garg, the CEO of Better.com, has publicly apologized for his poor and insensitive handling of layoffs at the mortgage company after a video of him firing 900 people last week went viral and drew scathing criticism on social media.<\/p>\n\n\n\n<p>Garg said he had &#8220;blundered the execution&#8221; of communicating the layoffs.<\/p>\n\n\n\n<p>&#8220;I realize that the way I communicated this news made a difficult situation worse,&#8221; Garg said in a letter released Tuesday.<\/p>\n\n\n\n<p>The CEO reasoned that market, performance and productivity as factors leading to the decision to lay off employees in the US and India.<\/p>\n\n\n\n<p>Better.com was founded in 2016 and is headquartered in New York. Through its online platform, Better.com offers mortgage and insurance products to homeowners.<\/p>\n\n\n<p>For more information, read the <a href=\"https:\/\/www.reuters.com\/markets\/deals\/bettercom-ceo-apologizes-after-laying-off-900-employees-via-zoom-call-2021-12-08\/\" target=\"_blank\" rel=\"noopener\">original story<\/a> in Reuters.<\/p>","protected":false},"excerpt":{"rendered":"<p>CEO of Better.com, has publicly apologized for his poor and insensitive handling of layoffs at the mortgage company.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,69],"tags":[204],"class_list":["post-16563","post","type-post","status-publish","format-standard","hentry","category-leadership","category-people","tag-zoom"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/16563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=16563"}],"version-history":[{"count":3,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/16563\/revisions"}],"predecessor-version":[{"id":16620,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/16563\/revisions\/16620"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=16563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=16563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=16563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}