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Startup valued at $7B gets flack as CEO lays off 900 employees over Zoom - Tech Mortgage Company

 
Anonymous Coward
User ID: 80935529
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12/06/2021 06:30 PM
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Re: Startup valued at $7B gets flack as CEO lays off 900 employees over Zoom - Tech Mortgage Company
.37 secs in it sounds like Jeff Spicoli is a little pissed off.


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Anonymous Coward
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12/06/2021 10:53 PM
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Re: Startup valued at $7B gets flack as CEO lays off 900 employees over Zoom - Tech Mortgage Company
I thought the CEO was very generous with the severance pay and 3 month of health insurance. When my former employer laid off in 2008, nobody got anything!
 Quoting: FightForGod!


he just got handed $750 million.

what's wrong with this picture?

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"He accused "at least 250" terminated staff members of stealing from the company by working just two hours a day, Fortune first reported.

"You guys know that at least 250 of the people terminated were working an average of 2 hours a day while clocking in 8 hours+ a day in the payroll system?"
 Quoting: Anonymous Coward 77687259


Welcome to remote work. If those people got their 8 hours of work done in 2 hours. Good for them! They are productive
 Quoting: Swingline


They are essentially a call center. If you read they talk about how many calls answered etc etc etc

If you are meant to answer calls and do stuff and the bosses know if you answer calls and do stuff then it is probably a good idea that you do it.
Anonymous Coward
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12/07/2021 11:08 PM
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Re: Startup valued at $7B gets flack as CEO lays off 900 employees over Zoom - Tech Mortgage Company
[link to www.dailymail.co.uk (secure)]

Three executives from Better's communications team have quit in the wake of the December 1 mass firing of 900 people

The heads of PR and marketing and the vice president of communications all quit following CEO Vishal Garg's three-minute Zoom call

The three are likely to be followed by others, according to company insiders

Garg, 43, apologized to staff for the way he handled the firing, saying: 'I realize that the way I communicated this news made a difficult situation worse'





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