New York (CNN Business)The CEO of Better.com, best known for firing 900 employees over Zoom just before Christmas, is coming back to work.
Vishal Garg is returning to his “full-time duties” as CEO, according to a letter sent to employees Tuesday from the company’s board of directors. The letter noted that Garg used a leave of absence to “reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach.”
Vishal Garg is coming back to work.
The online mortgage company’s letter to employees, which was obtained by CNN Business, also said an outside law firm reviewed Better’s workplace culture and is implementing changes, including adding more managers and a chief human resources officer.
In December 2021, Garg held a video call in which he laid off 9% of Better’s workforce. “If you’re on this call, you are part of the unlucky group that is being laid off,” Garg said. “Your employment here is terminated, effective immediately.”
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