Components

Better.com: Firing 900 Employees on a Zoom Call
Julia Flaga, Matt Greenwood, Jacqueline Sandner, James S. O’Rourke
January 15, 2023
SKU:
BUS-008899 Region:
North America
Topic:
Strategy & General Management, Operations, Human Resources & Organizational Behavior
Length:
16 pages
Keywords:
Mass Layoffs, Zoom Call Practices, Downsizing, Employee Communication
Copyrighted by:
Eugene D. Fanning Center for Business Communication
Student Price:
$4.00 (€3.82)
Average rating:
0
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.