Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Independent TV

Showing now | News

CEO fires 900 employees over Zoom call

00:52

CEO of Better.com fires 900 employees over Zoom call

The CEO of US-based digital mortgage company, Better.com, fired 900 employees on a Zoom call on Wednesday (1 December).

Vishal Garg can be heard telling employees in the above video call: “If you’re on this call, you are part of the unlucky group that is being laid off. Your employment here is terminated, effective immediately.”

The company’s chief financial officer Kevin Ryan told CNN: “Having to conduct layoffs is gut-wrenching, especially this time of year.”

Sign up to our US evening newsletter here

Up next

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in