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900 employees of an American fintech made redundant… on Zoom


The company was satisfied with a Zoom meeting followed by an email to lay off nearly 10% of its workforce.

“If you are invited to this meeting, it is because you are one of the dismissed employees.

Your contract with us ends with immediate effect ”.

It was via a Zoom call that 900 employees of the American real estate fintech heard their boss inform them of their dismissal before the end of year vacation.

Despite this brutal method, followed by an email from HR detailing the conditions of layoffs, CEO Vishal Garg expressed his emotion at the announcement of the layoffs:

"this is the second time in my career that I have to do this .

The last time I cried.

I hope to be stronger this time around ”.

Read alsoZoom caught up by its alleged links with China

The leader, regularly pinned down by the American press for his violent management, invoked the lack of productivity of the people made redundant to justify this cut in the workforce.

In a series of messages obtained by the American media Fortune, Vishal Garg accuses them of working only two hours a day and of


from customers and their colleagues.

Valued at $ 7 billion, just raised $ 750 million last week.

Source: lefigaro

All business articles on 2021-12-06

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