Better.com CEO Admits He ‘Blundered’ in Firing 900 Workers in a Zoom Call

WATCH: Here’s the moment the CEO of fintech mortgage unicorn Better.com fired 900 people over Zoom. He’s since issued an apology.

Source: QuickTake

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By Candice Zachariahs

December 8, 2021 at 11:00 PM EST

This article is for subscribers only.

Vishal Garg, chief executive officer of mortgage and real estate startup Better HoldCo Inc., apologized for firing 900 workers over Zoom after clips of the incident went viral and prompted the departure of executives.

“I own the decision to do the layoffs, but in communicating it I blundered the execution,” Garg said in an apology posted on the company’s website. “I am deeply sorry and am committed to learning from this situation and doing more to be the leader that you expect me to be.”