CEO who went viral for firing 900 employees on Zoom before Christmas is now mad that he got fired
Better Home & Finance Holding Company has called on former CEO Vishal Garg to stop a campaign it describes as disruptive. Garg is attempting to retake control of the firm after being fired. He previously sought his job back by attempting to secure a voting majority. The company is now publicly asking him to cease these efforts to allow the organization to move forward.
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- ✓ Vishal Garg was the CEO of Better Home & Finance.
- ✓ Garg fired 900 employees during a Zoom call shortly before Christmas.
- ✓ Better Home & Finance Holding Company has asked Garg to end his disruptive campaign.
- ✓ Garg was fired from his position as CEO.
What changed
Better Home & Finance issued a formal call for Garg to end his campaign to return to the company.
Live updates
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Better Home & Finance demands Vishal Garg end campaign to regain CEO role
Better Home & Finance Holding Company has called on former CEO Vishal Garg to stop a campaign it describes as disruptive. Garg is attempting to retake control of the firm after being fired. He previously sought his job back by attempting to secure a voting majority. The company is now publicly asking him to cease these efforts to allow the organization to move forward.
Why it matters
Garg became a public figure after firing 900 staff members during a 79-second Zoom call before Christmas. His removal from the company followed this event. The dispute now centers on his efforts to overturn that termination.
What is confirmed
- Vishal Garg was the CEO of Better Home & Finance.
- Garg fired 900 employees during a Zoom call shortly before Christmas.
- Better Home & Finance Holding Company has asked Garg to end his disruptive campaign.
- Garg was fired from his position as CEO.
What to watch next
- Whether Garg secures a voting majority to retake control
- The company's legal response to Garg's campaign
confidence 100%Sources used for this update (4)
- ABC7 Chicago — The CEO who fired 900 people on Zoom just before Christmas wants his job back
- independent.co.uk — US boss who fired 900 employees on Zoom is sacked
- businesswire.com — Better Home & Finance Holding Company Calls on Former CEO Vishal Garg to End His Disruptive Campaign and Allow the Company to Move Forward
- www.businessinsider.com — ServiceNow CEO dismisses AI software threats as 'parlor tricks' as he raises forecasts
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Better Home & Finance Founder Vishal Garg Attempts Boardroom Coup
Ousted Better Home & Finance founder Vishal Garg is attempting to retake control of the company by lining up a voting majority. Garg previously told the company board he wants his job back after being fired. While Garg plots his return, the company's current CEO is vacationing in France. Garg first gained notoriety for firing 900 employees during a 79-second Zoom call shortly before Christmas.
Why it matters
Garg's leadership style became a flashpoint for corporate culture debates following his mass firing of staff via video call. His current attempt to seize control reflects a struggle for power between the company's founder and its current board and executive leadership.
What is confirmed
- Vishal Garg fired 900 employees on Zoom before Christmas.
- Vishal Garg was fired from his role as CEO.
- Vishal Garg has expressed to the board that he wants his job back.
Still unconfirmed
- Vishal Garg has lined up a voting majority to retake control of the company.
- The current CEO of Better.com is vacationing in France.
What to watch next
- Confirmation of a voting majority for Garg
- Board of directors response to the attempted coup
- Official announcement regarding the current CEO's status
confidence 80%Sources used for this update (5)
- nypost.com — Exclusive | Better.com’s new CEO vacations in France as company’s ousted founder plots boardroom coup: sources
- HousingWire — Better founder Vishal Garg lines up voting majority to retake control
- ABC7 Los Angeles — Vishal Garg, the CEO of Better Home & Finance who fired 900 people on Zoom just before Christmas wants his job back
- The Independent — CEO who went viral for firing 900 employees on Zoom before Christmas is now mad that he got fired
- The Times of India — Tech CEO who sacked employees in a 79-second Zoom call has been fired; tells company board: I want my job back, willing to work for ...
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