| ▲ | CEO who fired 900 people on Zoom just before Christmas wants his job back(cnn.com) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 60 points by pseudolus 2 hours ago | 30 comments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | xyzelement 30 minutes ago | parent | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Former employee (though not part of that famous round of layoff) The noise around Zoom firing was ridiculous. We were a largely remote company with most people having never been to the office (I don't think I had, at that moment) so how exactly do you lay off people except remotely? VG didn't do a great job there but the idea of doing it remotely being evil or whatever was ridiculous - should the people be flown in to NY just to get fired? Overall I find VG a flawed but reasonable dude. He definitely put his ass on the line for the business, was generous with equity - and was a pretty engaged leader. I don't think much about my time at Better but it was fine. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | jazzpush2 2 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
You read this from the outside and ask yourself, "how does this guy sleep at night?". He sleeps fine, of course, justifying his own actions/behaviors without thinking of others. Luigi Mangione spent months trying to contact someone at United Healthcare to no avail. Only when he pretended to be an investor managing a large number of assets did he hear a response. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | tolugenius an hour ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
> Garg acknowledges he’s “hard-nosed” and the famous Zoom layoffs severely damaged the company’s reputation — a mistake he knows will continue to haunt him. But as criticized as Garg has been for placing near-impossible demands on the company and its employees, he said Lewis convinced the board he didn’t push hard enough. > So when shareholders said, ‘You need to take a back seat,’ I complied.” Man shocked to learn the evolution of shareholder value did not, in fact value him. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | aleph_minus_one 30 minutes ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Great irony: the names under which the company which Vishal Garg was CEO of (Better Home & Finance Holding Company) does business are Better and Better.com [1]. :-) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | mrhottakes 2 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Leopard who eats faces surprised to find out other leopard ate his face. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | nemomarx 35 minutes ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
> says he was fired on August 3 just as he brought the company to the precipice of success. > Today, with an imploded refi business and rates closing in on 7%, the AI mortgage company’s market value stands at just $300 million. Forgive the snipping here, but is the company actually turning around or on the brink of success now? Is there any sign the firings helped them 8 months later? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | happytoexplain 24 minutes ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In my humble opinion, he is representative of an evil that is creeping into corporate America. Don't get me wrong: It was always "evil" by some definition, but not like this. It's becoming a cartoon version of "American business". It's like the people in leadership positions increasingly think that running a business consists of yelling at your direct reports until things are done, and sucking up to your superiors, and that's the whole job description. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | Ancalagon 35 minutes ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
wow I forgot about about this company and this fiasco time to forget about it again | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | blitzar 23 minutes ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
It doesn't work like that bud. People (you) fired don't get their jobs back because they say "they were doing a great job". | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | xyst 12 minutes ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Pushes mass layoffs to appease board or investors. Then cries to news outlets when the same is done to him. He is nothing but a tool for the billionaires. Nothing else. What did he risk? Nothing. Public embarrassment at best. He gets a golden parachute like every other C-level asshole and lives the rest of his life without having to worry about anything. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | bdangubic 2 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
he should get his job back around black friday with enough time for another firing round at Christmas time | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | la6479 18 minutes ago | parent | prev [-] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Tough luck buddy. Every CEO job published in linked in have a 1000 applicants in 2 hours. /s | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||