US company lays off 900 employees through Zoom

A American company specializing in mortgage loans last Wednesday fired more than 900 of its employees, about 9% of the workforce, through a videoconference of Zoom, according to the channel this Monday CNN.

According CNN, who had access to a recording of the call, Better.com CEO Vishal Garg told Connected Workers: “If you are on this call, you are in the unfortunate group that is going to be fired. Your employment here ends with immediate effect. “

“This is the second time in my career that I have done this and I don’t want to do it. The last time I cried, “said the executive in the videoconference, in which he cited productivity and results, among other reasons, for departures, and that, apparently, he was concise and unemotional.

The Better.com management regretted in a statement to that channel that the layoffs are taking place in the run-up to the Christmas holidays, but attributed them to the improvement in its financial position “in a radically evolving home ownership market.”

Garg starred in a report in the magazine Forbes last year as a result of his volatile nature and several legal battles over his management of other companies, at a time when the financial technology company is preparing for an IPO.

Among other things, the article picked up an email that he had sent to his workers in which he told them, in capital letters, that they were “too damn slow”, called them “stupid dolphins” and claimed that they were “embarrassing” him. (I)