![]() ![]() ![]() Garg had previously apologized for how he handled the layoffs, however, in a Dec. It's a tonal departure from a post that he wrote a few weeks ago on the professional network Blind, in which he accused the fired employees of "stealing" from their colleagues and customers by being unproductive and only working two hours a day, according to Fortune, which confirmed those sentiments in a later interview with the CEO. I've spent a lot of time thinking about where we are as a company and the type of leadership Better needs.and the leader I want to be." I am deeply sorry for the angst, distraction and embarrassment my actions have caused. In his own letter to employees Tuesday, Garg wrote that "I understand how hard these past few weeks have been. At the time, Better said it was hiring a third-party firm to do a "leadership and cultural assessment," whose recommendations "will be taken into account to build a long-term sustainable and positive culture at Better." Garg was took a leave of absence soon after the call. The CEO had promised a follow-up email from HR - but one affected employee told CNN Business he immediately lost access to his company computer, phone, email and messaging including Slack channels. "Your employment here is terminated, effective immediately." ![]() "If you're on this call, you are part of the unlucky group that is being laid off," Garg said. In December 2021, Garg held a video call in which he laid off 9% of Better's workforce. The online mortgage company's letter to employees, which was obtained by CNN Business, also said an outside law firm reviewed Better's workplace culture and is implementing changes, including adding more managers and a chief human resources officer. The letter noted that Garg used a leave of absence to "reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach." Vishal Garg is returning to his "full-time duties" as CEO, according to a letter sent to employees Tuesday from the company's board of directors. The CEO of, best known for firing 900 employees over Zoom just before Christmas, is coming back to work. ![]()
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