Boss behind mass Zoom firing back in charge | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 03, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 03, 2025
Boss behind mass Zoom firing back in charge

World+Biz

TBS Report
20 January, 2022, 09:40 am
Last modified: 20 January, 2022, 09:48 am

Related News

  • Woman detained after shooting outside CIA headquarters
  • Netanyahu government approves firing of Shin Bet head amid protests
  • CIA plans largest mass firing in nearly 50 years: New York Times
  • Nearly 10,000 fired as Trump, Musk step up assault on US agencies
  • 25-year-old injured in BSF firing along Chapainawabganj border

Boss behind mass Zoom firing back in charge

Mr Garg's management style had been criticised before, after the magazine Forbes obtained an email that he sent to staff last year

TBS Report
20 January, 2022, 09:40 am
Last modified: 20 January, 2022, 09:48 am
Photo :Collected
Photo :Collected

The notorious US boss, who sparked outrage sacking 900 staff over an online Zoom meeting, has returned as the company's chief executive.

After his handling the affair drew widespread criticism, Visha Garg took a "break" from his duties at mortgage start-up Better.com in December, reports BBC.

At the time, Mr Garg apologised for his insensitive delivery but maintained the job cuts were necessary.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Better's board said it had confidence in Mr Garg, who founded the start-up.

"As you know, Better's CEO Vishal Garg has been taking a break from his full-time duties to reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach," Better.com's board said in an email to staff on Tuesday.

"We are 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."

Mr Garg faced heavy criticism in December after he fired 900 staff - about 15% of his workforce - via Zoom.

"If you're on this call you're part of the unlucky group being laid off," Mr Garg told staff. "Your employment here is terminated. Effective immediately."

A recording of the call was shared on social media, prompting comments that sacking people this way was "cold", "harsh" and "a horrible move", especially in the run up to Christmas.

He swiftly apologised. Though the sackings were necessary, Mr Garg said, he accepted he had "blundered the execution" and "embarrassed" staff.

"I failed to show the appropriate amount of respect and appreciation for the individuals who were affected," he said in a letter on the firm's website.

"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," he said.

A few day's later, the board said Mr Garg was "taking time off" after the "regrettable events".

Mr Garg's management style had been criticised before, after the magazine Forbes obtained an email that he sent to staff last year.

In it Mr Garg wrote: "You are TOO DAMN SLOW. You are a bunch of DUMB DOLPHINS... SO STOP IT. STOP IT. STOP IT RIGHT NOW. YOU ARE EMBARRASSING ME."

In the letter to staff on Tuesday, Better's board said it was adding three new leadership positions, including the role of president, a new chairman of the board and a new head of human resources.

It said the firm planned workplace training to ensure a respectful work environment and would conduct a review of company culture in six months.

New York-based Better.com, which aims to use technology to make the house-buying process easier, confirmed last year that it planned to float the company on the stock market.

A deal could value the business - which Mr Garg founded in 2015 - at between $6.9bn (£5.2bn) and $7.7bn.

Top News

Boss / Zoom / firing

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    Is the revenue target realistic?
  • Illustration: Duniya Jahan/TBS Creative
    A budget that shrinks to fit
  • Representational image. File photo: TBS
    Tariff rationalisation: Experts warn more competition for local industry

MOST VIEWED

  • A top shot of Dhaka city. The photo was taken from the Gulshan area in the capital. Photo: TBS
    Budget FY26: Housing sector may take a hit, flat prices set to rise
  • Bold taxation but conventional expenditures
    Bold taxation but conventional expenditures
  • Budget FY26: AmCham says increasing advance tax to 7.5% will be 'punishing for all businesses, customers'
    Budget FY26: AmCham says increasing advance tax to 7.5% will be 'punishing for all businesses, customers'
  • Finance Adviser Salehuddin Ahmed presents the national budget for FY2025-26 in a televised speech on 2 June 2025. Photo: PID
    Budget gives special priority to employment-oriented education: Salehuddin
  • Illustration: Duniya Jahan/TBS Creative
    A budget that shrinks to fit
  • 17 makeshift cattle markets leased in Dhaka for Eid: Who gets the most
    17 makeshift cattle markets leased in Dhaka for Eid: Who gets the most

Related News

  • Woman detained after shooting outside CIA headquarters
  • Netanyahu government approves firing of Shin Bet head amid protests
  • CIA plans largest mass firing in nearly 50 years: New York Times
  • Nearly 10,000 fired as Trump, Musk step up assault on US agencies
  • 25-year-old injured in BSF firing along Chapainawabganj border

Features

Illustration: TBS

The GOAT of all goats!

7h | Magazine
Photo: Nayem Ali

Eid-ul-Adha cattle markets

8h | Magazine
Sketch: TBS

Budget FY26: What corporate Bangladesh expects

1d | Budget
The customers in super shops are carrying their purchases in alternative bags or free paper bags. Photo: Mehedi Hasan

Super shops leading the way in polythene ban implementation

23h | Panorama

More Videos from TBS

In loneliness, prison becomes the refuge for Japan's elderly women!

In loneliness, prison becomes the refuge for Japan's elderly women!

5m | Others
Budget 2025-26: Cost of buying flats and apartments is increasing

Budget 2025-26: Cost of buying flats and apartments is increasing

10h | Others
Interim govt. unveils national budget of Tk7.90 lakh crore

Interim govt. unveils national budget of Tk7.90 lakh crore

12h | Others
Election Countdown Begins After July Charter: NCP

Election Countdown Begins After July Charter: NCP

12h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net