Indian Origin Chief Executive of a mortgage company Vishal Garg who fired 900 employees over Zoom meeting last month is all set to resume his duty after going on a break post his criticism on social media. The CEO of Better.com, Vishal Garg, had fired almost 900 employees over a Zoom call just weeks before Christmas last year. Following this Garg came under the scanner of social media and had to face severe criticism for his harsh decision.
As per reports of The New York Times, the announcement of Vishal Garg returning to his duty has already been made in the company and for which email has been sent to the workers expressing their confidence in Garg's leadership. The Email by Better.com says that as you know, Better's C.E.O. Vishal Garg has been taking a break from his full-time duties to reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach."
"We are confident in Vishal and in the changes he is committed to making to provide the type of leadership, focus and vision that Better needs at this pivotal time, it said.
Furthermore, a report by CNN suggests that Garg has written a separate letter to the employees saying, "I understand how hard these past few weeks have been. I am deeply sorry for the angst, distraction and embarrassment my actions have caused. 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."
It is pertinent to mention here that Garg went on a leave after issuing an apology to the employees and the company saying, "I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better. I own the decision to do the layoffs, but in communicating it I blundered the execution. In doing so, I embarrassed you."