CEO says he is ‘taking time off effective immediately’ after laying off 900 employees on Zoom

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CEO says he is ‘taking time off effective immediately’ after laying off 900 employees on Zoom
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Vishal Garg, the CEO of Better.com, whose abrupt message over Zoom last week laying off 900 employees went viral, is taking time off from his job.

According to an internal memo, Vishal Garg is “taking time off effective immediately,” the report said. The memo also referred to “very regrettable events over the last week.”NBC News has not seen the memo. Media representatives for Better.com did not immediately respond to a request for comment Friday.learned that they had been laid off during a scheduled three-minute group Zoom call on Dec. 1.

“We are laying off about 15 percent of the company for a number of reasons — the market efficiency and performances, and productivity,” he said. He told the hundreds of former employees that they would get about month’s pay and three months of benefits — all of which would be detailed in an email sent to their personal email addresses from human resources.

“I was sitting here thinking, ‘What the hell?’” said the employee, who asked not to be identified for fear of retaliation.letter

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