The CEO of Better.com, an online owe lender, volition beryllium spending clip distant from the company.
A missive from the company's committee of directors, which was obtained by Vice, says the determination was made aft "very regrettable events implicit the past week."
Vishal Garg faced backlash aft firing astir 900 employees implicit Zoom past week.
During the Zoom call, Garg told the employees that his determination to trim the company's workforce was made owed to changes successful the lodging market.
Following the backlash, Garg apologized.
"I recognize that the mode I communicated this quality made a hard concern worse," helium said. "I americium profoundly atrocious and americium committed to learning from this concern and doing much to beryllium the person that you expect maine to be."
The committee said it has brought connected an autarkic 3rd enactment steadfast to bash a enactment and taste appraisal of the company.
They program connected assessing the recommendations to amended the civilization astatine the company
"We person overmuch enactment to bash and we anticipation that everyone tin refocus connected our customers and enactment each different to proceed to physique a large institution and a institution we tin beryllium arrogant of," the board's missive says.