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Better.com CEO Vishal Garg lays off 15% staff over Zoom call

Better.com CEO Vishal Garg fires 15% of his employees over a zoom call. Over the zoom call, Vishal Garg said, “Thank you for joining. I come to you with not great news. We’re laying off about 15 per cent of the company for a number of reasons — the market, efficiency and performances and productivity. If you’re on this call, you’re part of the unlucky group being laid off. Your employment here is terminated effective immediately.” He further added that all the US employees will get four weeks of severance, one month of full benefits, and two months of cover-up.

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