The chief executive of a US mortgage company who fired 900 employees on a Zoom call has apologised for failing to show “respect and appreciation” for the staff he sacked.
The founder and chief executive of better.com, Vishal Garg, expressed contrition in a message posted on his company’s website.
Garg said he was sorry for the way “I handled the layoffs last week” after staff uproar over the video call last Wednesday.
The 43-year-old added: “I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better. I own the decision to do the layoffs but in communicating it I blundered the execution.
“In doing so, I embarrassed you. I realise that the way I communicated this
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