'Blundered the execution': Better.com CEO's apology for firing 900 staffers over Zoom call

Vishal Garg, the CEO of online mortgage company Better.com, has tendered an apology after he was criticised for firing 900 employees over a Zoom call.

Chief executive officer of Better.com Vishal Garg has apologised for the way in which he handled the recent mass layoff at the US-based online mortgage firm. Garg had received severe flak after a video of him firing 900 people via a Zoom call went viral on social media last week.

Garg was severely criticised after the SoftBank-backed company fired the 900 employees, which comprised nearly 9% of its workforce through the video call. He said he had "blundered the execution" of communicating the layoffs.