Better.com is a digital mortgage lender company with a large presence in the United States and India. A day after going public, the CEO laid off 900 workers , representing a significant percentage of his staff.
Despite the fact that a mass dismissal always draws attention and is a severe situation, what was criticized the most about this situation was the manner. Vishal Garg, the CEO summoned employees to a video call during which they were informed that they had just lost their jobs. He also told them that all the details about his severance pay would come to them by email from Human Resources.