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CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by rajiedreez: 7:28am On Dec 08, 2021 |
The crisis is growing deeper at the startup Better.com, which is stuck in a public relations nightmare after CEO Vishal Garg brutally axed 900 workers in a last-minute webinar. Multiple sources tell The Daily Beast that the company’s head of marketing, head of public relations, and vice president of communications all submitted their resignations in roughly the last week. The heads of communications and PR stepped down in the last two days. “This is a first wave of resignations, and the company expects more,” a person familiar with the matter said. The executives were not asked to step down, a company source added. Insider previously reported on the resignations. SoftBank-backed Better did not immediately respond to a request for comment. The outgoing head of public relations Tanya Gillogley, head of marketing Melanie Hahn, and VP of communications Patrick Lenihan all declined to comment. The fallout stems from Garg’s decision to lay off 900 employees on Dec. 1 in a hasty video stream, just a day after the company announced that it had secured $750 million in capital from investors. During the three-minute call, Garg declared that he had once cried when firing employees, but that he hoped “to be stronger” this time. He did not cry and instead informed attendees that the company had decided to sharply trim its staff. “If you’re on this call, you are part of the unlucky group,” he said. “Your employment is terminated effective immediately.” A video of the firing circulated widely on social media, generating millions of hits across platforms. Almost immediately after the call, the affected employees’ computers began to automatically shut down, including the computers of those who hadn’t been able to attend the meeting—leaving them confused and panicked. In a subsequent video call with Better’s remaining staffers, and in statements posted to the anonymous social media site Blind, Garg assailed the employees he had just fired, claiming that many had worked just two hours per day on average. “They were stealing from you and stealing from our customers... Get educated,” he said, in comments previously published by Fortune. Multiple sources say that, in truth, some of the laid-off workers had been top performers. Garg also intimated that remaining employees should look over their shoulders, lest he chop them next. "If you felt in the past that people weren't looking,” he said, “everyone is looking now.” On Tuesday, Garg sent a note to his staff trying to win them back. “I realize that the way I communicated this news made a difficult situation worse,” he said in the letter, which The Daily Beast obtained. “I am deeply sorry and committed to learning from this.” He also apologized for critiquing their former colleagues. “I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better,” he said. This is hardly Garg’s first scandal. As Forbes reported in November 2020, he has a long trail of disgruntled business partners and has faced allegations that he or companies he controlled may have misappropriated tens of millions of dollars. (Garg has denied those allegations.) This summer, The Daily Beast wrote about internal tumult at Better, after Garg lavished enormous perks on one of his top lieutenants in questionable fashion. The executive was deeply unpopular among many members of the staff, multiple sources said, but was distinguished for her loyalty to Garg. She left the company in June after she was placed on leave amid bullying allegations. SOURCE: https://www.thedailybeast.com/bettercom-executives-flee-after-ceo-vishal-gargs-viral-self-own 5 Likes 2 Shares
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Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by rajiedreez: 7:29am On Dec 08, 2021 |
The Executives 5 Likes 2 Shares
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Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by rajiedreez: 7:33am On Dec 08, 2021 |
1 Like |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Lawlab251: 7:34am On Dec 08, 2021 |
Serves him right. 44 Likes |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Golan007: 7:36am On Dec 08, 2021 |
Nice one. 11 Likes |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by azadus18: 7:44am On Dec 08, 2021 |
Solidarity forever....... 51 Likes 1 Share |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by nasonaso: 7:47am On Dec 08, 2021 |
This can onky happen in a foreign land 90 Likes 2 Shares |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by SocialJustice: 8:08am On Dec 08, 2021 |
They will all be replaced. No big deal. 41 Likes 3 Shares |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Houseofglam7(f): 8:11am On Dec 08, 2021 |
Dayummmm |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by DIKEnaWAR: 8:41am On Dec 08, 2021 |
The man is not okay 5 Likes 1 Share |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by CrownOfClay724: 9:01am On Dec 08, 2021 |
I'm trying to understand what the hullabaloo is about. Downsizing to stay afloat is no big deal. Or you rather he go down himself? For me, there is no difference between you're fired (said to your face) and you're fired ( conveyed over a medium). Is there any? This should serve as a business lesson for everyone sha. When shit hits the ceiling , it would be all you and you alone. Do what works for you. 6 Likes |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by JavaScript90: 9:35am On Dec 08, 2021 |
He deserves it |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by talk2hb1(m): 10:16am On Dec 08, 2021 |
SocialJustice:It doesn't speaks well of the company 79 Likes 6 Shares |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Nicklaus619(m): 10:29am On Dec 08, 2021 |
talk2hb1: Exactly, most people invest in certain companies just because an inside individual convinced them to, now if these individuals resigns, the investors may decide to withdraw their investment. Withing weeks without adequate intervention, company liquidates 89 Likes 2 Shares |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Shokoloko(f): 10:35am On Dec 08, 2021 |
SocialJustice: Its a big deal o. In North America, before we apply to job we check for reviews of the company online to see if it is worth it. There are recruiters who reached out to people and people don't respond because the recruiter's company scored 3/5 on a job site. 74 Likes 3 Shares |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by SocialJustice: 10:45am On Dec 08, 2021 |
Shokoloko:Men, I love how that place is so organised but then, recruiting will only take longer from the scenario you described. 3 Likes |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by SocialJustice: 10:45am On Dec 08, 2021 |
talk2hb1:True 3 Likes |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by ceereelee: 10:47am On Dec 08, 2021 |
Good. Let the werey do all his work alone. Employers acting like they don't need employees 38 Likes 2 Shares
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Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Robisky001(m): 11:00am On Dec 08, 2021 |
How do I submit my CV for the role of head of marketing? 2 Likes |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Shokoloko(f): 11:25am On Dec 08, 2021 |
SocialJustice:You are right, it will only take longer and they will not get the calibre of people that just resigned. Well, they can also make do with new immigrants or spend money training people into that role 6 Likes 1 Share |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by SocialJustice: 11:27am On Dec 08, 2021 |
Shokoloko:Sure |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by 1Alex: 12:22pm On Dec 08, 2021 |
Good one |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by TalkTalkTwins(m): 12:39pm On Dec 08, 2021 |
Ok |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by ProfAmaben(m): 2:26pm On Dec 08, 2021 |
SocialJustice:Typical senseless Nigerian, no sense of self worth whatsoever. Remove social justice from your moniker. 52 Likes 4 Shares |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by SocialJustice: 3:06pm On Dec 08, 2021 |
ProfAmaben:Lol, how am I senseless? You have never operated a business before, probably still a kid else I expect you to be wiser and stop being unnecessarily emotional. 8 Likes 1 Share |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by ProfAmaben(m): 3:41pm On Dec 08, 2021 |
SocialJustice: You don't know me but have concluded that I'm a kid, this statement further buttresses my earlier assumption. 39 Likes 6 Shares |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Danjikanbauchi: 4:00pm On Dec 08, 2021 |
ProfAmaben:most you Insult your self to show how stupid you are ? Can't you correct him or guide him on how things should be. Sometimes stupid people feel insulting people make them look important. 24 Likes 1 Share |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by dannypaul(m): 4:13pm On Dec 08, 2021 |
Way to go!! Everybody can't be mad at the same time. Solidarity. 2 Likes |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by Khd95(m): 4:14pm On Dec 08, 2021 |
Not in naija, some of those who resigned would have been shouting "ope oo" say he no invite us come the meeting, he for fire us too. Then proccee to give testimony the next Sunday and sow seeds 16 Likes 1 Share |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by SKhanmi: 4:47pm On Dec 08, 2021 |
Before the same happens to them. The downsizing is not the problem, Anybody who read the first report would have guessed the character of the guy. Their types are mostly terrible to work it. May we not work for most Asians, Lebanese & Indians. 14 Likes 1 Share |
Re: CEO Who Fired 900 Staff On Brutal Zoom Call Faces Mass Resignation Of Exec's by rajiedreez: 4:59pm On Dec 08, 2021 |
SKhanmi:he's been an arrogant boss and behaves irrationally 9 Likes |
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