Better.com: Firing 900 Employees on a Zoom Call
A fintech mortgage company, Better.com, recently positioned itself to go public. Investor momentum began to slow, however, largely because of Founder and CEO Vishal Garg’s
multiple management misjudgments. When Garg fired a large number of people during a Zoom call, the company faced antagonism and backlash. Better.com’s public offering status, along with the fate of both current employees and the CEO are unknown.