Aurora acquisition corp - Latest News Update, Information, Photos & Videos on Aurora acquisition corp at Lokmat Times

San Francisco, Jan 19 Indian-origin Better.com CEO Vishal Garg, who was massively trolled for laying off 900 employees over a Zoom meeting call, is back at the helm as employees are reportedly not at all happy that he has not been asked to step down as CEO.According to an internal memo seen by TechCrunch, the board of directors at Better.com said it was "moving forward with strong, dynamic CEO leadership."The board said Garg would be officially resuming his full-time duties as CEO at the digital mortgage company.It was "confident in Vishal and in the changes he is committed to making to provide the type of leadership, focus and vision that Better needs at this pivotal time," the board said in the memo.The move, however, has not gone well with employees."Everyone is upset, and many people have already quit or are planning to," the report mentioned late on Tuesday, citing sources.In December, Garg laid off nearly 900 employees even after his company, which is a digital mortgage lender, had announced it received a cash infusion of about $750 million from Aurora Acquisition Corp and SoftBank.A couple of days after that Zoom meeting, senior communications and public relations executives stepped down.Garg later issued an apology for the embarrassing act that made headlines globally and hundreds of memes on social media platforms.According to the internal memo from the board, Better will be "implementing a company-wide training program on ensuring a respectful workplace."Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Aurora Acquisition CorpFOLLOW

Aurora acquisition corp, Latest News

National :I'm 'personally liable' for $750mn SoftBank loan: Better.com CEO Vishal Garg

San Francisco, May 14 Better.com CEO Vishal Garg, who hogged the limelight for firing nearly 900 employees over ... ...

Technology :Vishal Garg-led Better.com fires workers in US, India in mass layoff

San Francisco/New Delhi, March 9 Indian-American CEO Vishal Garg-run digital mortgage company Better.com on Wednesday started laying off ... ...

Technology :Vishal Garg-run Better.com to 'lay off' 4,000 people this week

San Francisco/New Delhi, March 8 Indian-American CEO Vishal Garg-run Better.com is reportedly planning to lay off nearly 4,000 ... ...

Technology :Better.com faces another mass layoff after CEO Vishal Garg's return

San Francisco, Feb 19 The return of Vishal Garg, the controversial Indian-American CEO of digital mortgage company better.com, ... ...

National :Indian-origin CEO who fired 900 staffers over Zoom call back at work

San Francisco, Jan 19 Indian-origin Better.com CEO Vishal Garg, who was massively trolled for laying off 900 employees ... ...