<p><span style="font-weight: 400;">Vishal Garg, the CEO of Better.com who fired hundreds of his staff in a Zoom meeting last week, has apologized for the way the situation was handled.</span></p>
<p><span style="font-weight: 400;">“I want to apologize for the way I handled the layoffs last week,” Garg wrote in a </span><a href="https://cdn.brandfolder.io/A8SA0YBW/at/ggkbfpsbjbvc335cprpv33bg/A_Message_From_Our_Founder___CEO.pdf"><span style="font-weight: 400;">letter</span></a><span style="font-weight: 400;"> posted on the company’s website. “I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better.”</span></p>
<p><span style="font-weight: 400;">“I own the decision to do the layoffs, but in communicating it I blundered the execution. In doing so, I embarrassed you,” he continued. “I realize that the way I communicated this news made a difficult situation worse. I am deeply sorry and am committed to learning from this situation and doing more to be the leader that you expect me to be.”</span></p>
<p><span style="font-weight: 400;">“At Better, your dedication, focus and expertise are essential in the vital work we are doing to unlock the value, joy and opportunity of homeownership for our customers across the country. I couldn’t be more grateful for all you are accomplishing for the customers we serve,” Garg added. “We will talk more at our upcoming All Hands meeting about what to expect for the year ahead. I hope you’ll join me for the discussion. We are also taking fast steps to make sure we are very transparent and aligned as a company on the goals for 2022, the metrics that matter most, and how we can all work together even better to serve our customers and achieve our mission.”</span></p>
<p><span style="font-weight: 400;">“I believe in you, I believe in Better, and I believe that working together we can make homeownership better together,” Garg concluded.</span></p>
<p><span style="font-weight: 400;">Garg’s company, Better.com, is a New York-based mortgage start-up.</span></p>
<p><span style="font-weight: 400;">&#8220;Hi everyone, thank you for joining. I come to you with not great news. The market has changed, as you know, and we have to move with it in order to survive so that hopefully we can continue to thrive and deliver on our mission,” Garg <a href="https://www.bbc.com/news/business-59573146">announced</a> to staff in the call last week. &#8220;This isn&#8217;t news that you&#8217;re going to want to hear but ultimately it was my decision and I wanted you to hear it from me. It&#8217;s been a really, really challenging decision to make. This is the second time in my career that I&#8217;m doing this and I do not want to do this. The last time I did it I cried. This time I hope to be stronger. But we are laying off about 15% of the company for [a number of] reasons: the market, efficiency and performances and productivity.”</span></p>
<p><span style="font-weight: 400;">&#8220;If you&#8217;re on this call you are part of the unlucky group that is being laid off. Your employment here is terminated. Effective immediately,” he said.</span></p>
<p><a href="https://techcrunch.com/2021/12/07/better-com-ceo-vishal-garg-apologizes-to-current-employees-for-blundering-the-execution-of-mass-layoffs/"><span style="font-weight: 400;">TechCrunch</span></a><span style="font-weight: 400;"> reported that “</span><span style="font-weight: 400;">Earlier today, sources familiar with internal happenings within the company told TechCrunch the company’s VP of communications, Patrick Lenihan; head of public relations, Tanya Gillogley; and head of marketing, Melanie Hahn, have all submitted their resignations.”</span></p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

‘I Blundered The Execution’: Better.com CEO Apologizes For Mass Firing On Zoom

Radical DA ‘Has Turned The Streets Of Los Angeles Into A Living Nightmare’: Campaign To Recall Gascón Raises More Than $6 Million

New York Times Changes Wordle Answer After Abortion News, Sparks User Confusion

Moscow Murders: The Danger Of Standing Up To The Russian Regime

What Does Elon Musk Buying Twitter Really Mean?

‘Blatant Attempt To Misinform’: Rand Paul Fires Back At Critics After Tense Exchange With Antony Blinken

Apple CEO Tim Cook Slammed For Human Rights Hypocrisy Over China Censorship

News

Zoom

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Menu

— News —

‘I Blundered The Execution’: Better.com CEO Apologizes For Mass Firing On Zoom