New Delhi, December 11, 2012 : .Vishal Garg of Indian origin is the CEO at Better.com.
He was recently criticized for firing 900 people during a Zoom conference call.
According to Motherboard, the digital mortgage company’s board of directors said in an email that the company has also hired an outside firm to “do a leadership and cultural assessment”.
“Vishal will be taking time off effective immediately.During this interim period, Kevin Ryan as CFO will be managing the day-to-day decisions of the company and he will be reporting to the Board,” the company said in an email.
It added that the Board had also hired an outside firm to conduct a cultural and leadership assessment.
The company did not immediately respond to a request for comment.
Recently, the Indian-origin CEO had issued an apology to his employees for the embarrassing act that made headlines globally and hundreds of memes on social media platforms.
Garg wrote to his employees, which was published on Blind, an anonymous workplace app, that he had failed to show sufficient respect for and appreciation for those who were affected as well as their contribution to Better.
Although I made the right decision to lay off employees, I failed to communicate it properly.You were embarrassed by my actions.”
vc/khz/
#Indianorigin #VishalGarg #effective #immediately #Delhi # Vishal #Delhi #New Delhi #Bally #Zoom
.
