A U.S. company laid off 900 workers via Zoom

A U.S. company specializing in mortgage loans laid off more than 900 of its employees, about 9% of the workforce, through a Zoom video conference, according to CNN on Monday. According to CNN, which had access to a recording of the call, Better.com CEO Vishal Garg told the connected workers: “If you’re on this call, you’re in the unfortunate group that’s going to be fired. Your employment here ends with immediate effect.” It’s the second time in my career that I’ve done this and I don’t want to do it. Last time I cried,” said the executive in the videoconference, in which he cited productivity and results among other reasons for the exits, and that, apparently, was brief and emotionless. The management of Better.com regretted in a statement to that channel that the layoffs occur in the face of the Christmas festivities but attributed them to the improvement of its financial position “in a housing ownership market that evolves radically.” Garg starred in a report in Forbes magazine last year in the wake 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 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.

Original source in Spanish