Last week, US Fintech company Better.com received quite a lot of flak after snippets of its official zoom conference video showing its Indian-origin CEO Vishal Garg firing a sizeable percent of the employees on a virtual call, circulated on social media.
A week after firing over 900 employees, during a Zoom call, Vishal Garg, the CEO of Better.com, is taking leave «effective immediately,» according to an internal memo sent to employees on Friday. According to an international business tech magazine, Paula Tuffin, the fintech company’s general counsel, described the events of the past week as «very regrettable» and said the board has commissioned a third party to conduct an assessment of leadership and culture at the company. Tuffin also wrote that Garg will be replaced by the company’s CFO, Kevin Ryan, as interim CEO.
