The video that has the corporate world aghast | How USA based Better.com CEO Fired 900 colleagues
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- Опубліковано 6 гру 2021
- #Zoom #Unemployment #America
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"The last time i did this, I CRIED. I hope to be stronger this time..." - I burst out laughing on this.
And you think it's funny ? It's easier to live with the fact that you've been fired than waking up every day knowing that you've caused 900 people to lose their jobs.
There's no right way to fire 900 persons, but at least he fired the company’s diversity, equity and inclusion recruiting team, and he did it personally.
@@alainportant6412 Yeah, So very difficult to Fire people! Actually you are right, its more difficult to fire people than actually getting fired! He must have "cried" and lost his sleep for lifetime! By firing people, his holidays would have completely spoiled thinking about the families of employees who were fired! He would have went into such tremendous stress thinking these fired employees would look for another job, as they have a family to feed!
I actually dont have any issues with any of the above. I have a problem with what he said was in such cold tone that it hardly felt like he was upset and would cry. Thats my opinion and i have a right to it. Thanks.
@@alainportant6412 goddamn you sound like a horrible guy
@@Corninthesky Yeah! He maybe having the same traits.
He's not professional. Look at his body language and how he speaks. He's slouching and not carrying himself properly. sounds more like he's talking down to his workers.
" We're not just a company, but a family " 🙃
Lol 😂
Selfish n biased n opportunistic family.
Standard ceo speech bs
I didn't know families put their loved ones to sleep.
That "F*** You Dude" was so heartbreaking!
It made me giggle.
@@jesses5463 chill
@@jsil_ *tee-hee-hee*
My bf was really sick for a week or so and then returned to work. He worked online but sometimes they asked him to be on site. So he got a message to come on site, he travelled there for 3hrs with laptop and everything, sat down to work -everyone greeted him well, only for his mamager to call him after 5 minutes and fire him on spot.
They made him travel for 3hrs only to tell that to him.
Not as bad as what GM did to my coworkers back in 2018. Everyone worked normally on a Friday. Then Saturday, the fired employees were told not to come on Monday.
I got fired a couple years ago in a similar way. My father had a stroke and they weren't sure if he would survive at the time so naturally I took a few days off and stayed at the hospital. Every day the owner was bugging me about when I would be back. My dad started to improve on the 3rd of 4th day so I returned to work. He showed up a few hours before the end of my shift on the 4th or 5th night after I returned to work and had me finish out my shift and then fired me when I closed the store. Fuck people like that.
Um, that's typically how layoffs work.
The day that changed squeeze life. Forever he gone bald and His been unemployed since 😢
I hope that CEO is able to recover from such a traumatic event. I mean, last time he cried.
The irony.
Company is named BETTER.
As in you’d better find a new job
@@jrstrey well said.
FUCK BETTER
Oh my effing god! Really??? "The last time I cried"? Oh well ... If you burst into tears over this, you have 900 ex-colleagues ready to comfort you.
I really hope you recover fast over this traumatic event it is to letting 900 people off while saving your own job.
His company lost 13 billion dollars today and I couldn’t be more happy!! ☺️
True but turtles are just food, save them… for Me! 😋
If the company is not doing good, why is he not fired for poor performance?
He got a $25 million cash bonus just before he fired these people and took a paid vacation right after
@@jeffhreid And then he laid off more people again
They don’t care. That’s the reality.
I come to you (from the safety of an underground bunker and with Zoom as my proxy) to tell you 900 people are gonna be jobless. Merry Christmas btw!
the dude just fired 4000 more people. How is this company still functioning?
Can I just say THANK YOU for having a quality journalistic channel that doesn't talk over a video that SPEAKS FOR ITSELF to deliver news. I fucking hate these so-called news channels, reaction channels, etc that feel the need to have some blonde bimbo give a verbal dissertation over heavily edited transitions between various STILL shots of a video to spoon feed you what they think you should take away from watching it instead of actually showing the video. Thank you.
Could not agree more
Those are usually made by foreign people or bots to get views from trending topics.
yeah maybe if they'd not cut off the video at the end i might agree with you.
Yeah I was expecting some stupid music but kudos for the raw video.
damn, blondes catching strays
I bet this clown goes on a hunting trip, mysteriously disappears , and is discovered in the scat of half a dozen bears a few days later.
When an employee resigns fairly they want that person to give a notice one month prior, and still they hold the salary for 2 months after resigning..
But when a employer fires , they do it without any notice , why is this injustice?
Why isnt the government coming up with laws to arrest or atleast fine those companies heavily who does immediate firing without a period notice..Such corporate bosses must be jailed with longer jailtimes and be fined heavily, coz ur not firing only a employee, ur messing the structure of a family, ur disabling the family of paying the bills, promises made to their kids, rents, bills, future trips, EMI's etc..
Its nothing but violation of human rights.. this is a human rights issue..
@Lucatic Fringe Hopefully that happens to you. Will not be missed...
We can only hope
@@anandhemantbecause corporations now control government.
Succession sent me here.
I have this nightmare every day..as my performance is not as expected
Because u guys have always focused somewhere else
@@na4369 what does that even mean?
@@zaidshaikh1855
It means nothing, they are just trolls just ignore.
@@khalidalvi5436 I know he is troll and also becoz he votes bjp
Dude, don't worry. Deal with it if it happens. Worrying won't help you at all.
How does this have the corporate world aghast? This behaviour is junior school compared to typical senior executive corporate behaviour. I was part of the corporate world, and it's a naughty devil with an angel mask. Those who claim to be in the corporate world and are publicly against this, are "lol'ing" behind closed doors to each other.
Laying off 15% of your workforce is something that happens, yes. But you would have individual managers meet with their teams and fire people individually, like every other company. Firing 900 people over a zoom call is a laughably terrible approach. It's really just about how they approached the layoff that is so newsworthy.
@@jackfarrell7970 How the fuck would you approach it ? There was people from all around India and the US.
You can't fly everyone at some location and just tell them that they're done.
@@alainportant6412 Each person would have a meeting on Zoom 1 on 1 with their manager. The same way every remote company in the country approaches it. NOT a one way call with 900 people, idk.
Who else squeexing their shit to this
That was f***ed up… smh
Unfortunately that’s what happens in a “employment at will “ state. I worked for a place got awards, several new positions over Like 3 yrs, participated in funds raisers never a crappy write up. Followed all the rules, and when I complained about others not follow the plans bam fired ! So glad I’m now RETIRED!
I don’t have w2 jobs anymore but it was the same with me- company I worked for 3 years and came through for on many occasions- a man who was new and really not doing well in the position sexually harassed me so bad and made me feel in complete danger (grabbed me by the neck from behind and pulled me backwards to whisper in my ear- which I immediately asserted myself but he tried to kiss me so I had to run away) then told my boss- he didn’t even fire me he just never gave me another shift after that.
@@ThingsILikke jesus that fcked up. u ok now?
This is the equivalent of Travis Scott apology. Empty. No empathy. No care. No remorse
I want to hire this guy and after he works for 6 months, I will fire him for poor performance with less than 2 mins of explanation. Thats what he is worth of
The last time I did it I cried
This time I do it , you cry.
I feel so sorry for the man watching this. After his exclamations, you can hear his distress in his breathing. This was 2 weeks before Christmas! I hope you find a better job with a better CEO, man.
"the last time i did it, i cried. i hope to be stronger this time." i hope he's doing okay. this must have been so difficult for him. poor guy /s
You didn't need /s
@@Ypog_UA i'll type however the fuck i want, good sir
@@xioxialt Sorry for bad English. I meant that your sarcasm is obvious and that you don't need an indicator to point it out, at it detracts from the delivery of your comment. I apologise and hope no offense was taken.
@@Ypog_UA you don't need to apologize, i wasn't offended hahah. but, i like using tone indicators excessively sometimes as different people have different ways of interpreting text written on a screen. i've gotten misunderstood many times, but never while using indicators. so, even if it seems unnecessary, i'd rather put it up there than be sorry.
@Right-wing SJW LMAO i don't have reddit. you should call me a twitter stan instead or something
What a lousy and stupid CEO. He should have fired himself for causing so much problems in the company.
not if the board of directors/investors for whatever reason decided to keep Him employed.
Imagine you wake up early in the morning to get fired over a zoom call smh
It happened to me after waking up but over a phone call. I’m still in shock about it.
@@travelingdude1621 happened to me in August of 2022 smh screw these mortgage companies
yeah I'm sure the CEO was crying when he walked into his massive house that is 15 ,000 square feet and has everything he needs food in his fridge and enough things he is able to buy because his workers worked there ass off to get his company were its at.Really CEO's like this make me sick and tired of there nasty hateful ways.They see any reason's to throw anyone under a bus and they take it to save on billions more .ITS A DANG SHAME.Maybe if this idiot would of taken a massive pay cut and got into work and acting more like one of his workers he would of never had to fire 900 people.
At least we got Squeex
Forget the employees, I feel bad for this guy. I mean, he cried last time. So sad.
Its tells more about the company rather than about its Employees. Seriously bad .
I currently a fresher and now I see why mom and dad say to go for government job 🤧
Government jobs pay absolute peanuts, it does not support many lifestyles other than living to survive. Takes decades to promote to a high paying position you can receive elsewhere in corporate. But it is more secure, so of course there are trade offs
Indian upper caste burning American middle class 🤔
😂😂😂
I think company CFO failed to deliver good results to the company. That why COF save his Job.
Did you even know that each one of those employees was clocking in at 8 hours of productivity BUT ONLY PRODUCING 2-3 HOURS of productivity. That is a HUGE problem. Any employee in America would be fired for the same. Just so happens, at this company, 15% or 900, of the employees were doing the same. One employee probably figured out that they could clock-in for the full 8 hours but only antisocial work 2 and told his friends at the company who then told thier friends at the company. Next thing you know, 15% of the company is not working but only 2 hours a day.
@@hendidco but if people were underperforming then usually management provides employees with some sort of formal coaching or email to pick things up. They don’t just fire you. If they were producing 8 hours of work in 3 hours then I don’t see the problem. What do you value? The work done or the time it took. This just seems like big chief fucking up and the rest pay for it. Not uncommon..
@@TNTSID You're confused, that's the problem with society today. THEY WERE GETTING PAID FOR 8 HOURS OF PRODUCTIVITY BUT IN REALITY ONLY PRODUCING 2-3 HOURS OF PRODUCTIVITY. THAT IS A PROBLEM! And, why do you assume the company just fired them? How do you know HR didn't send out an initial email letting the employees of the issue?
@@TNTSID How did you conclude that they were producing 8 hours of productivity in 3 hours from what I said? To the contrary, actually. What I said what quite clear, I do not see how you could have got that backwards UNLESS, you ARE LOOKING FOR excuses as to why the CEO is a bad guy. PLEASE PLEASE PLEASE make sure to get your facts straight before speaking on something! That is the problem with society today, always getting the facts wrong!
@@hendidco "Among those fired were the company’s diversity, equity and inclusion recruiting team."
So there you have it. He fired bullshit artists who did fake bullshit jobs, and he kept the ones that actually generated value.
Firing 900 employees? due to whose fault....doesn't seems to be professional.
its called laid off. HUGE difference.
Here from Zane and Heaths unfiltered video to see what they were talking about😂
I would never, ever use this company after seeing this.
Damn son. Brutal as fuck.
He is just disgusting
He had false impression you can treat the us workforce like india…
When an employee resigns fairly they want that person to give a notice one month prior, and still they hold the salary for 2 months after resigning..
But when a employer fires , they do it without any notice , why is this injustice?
Why isnt the government coming up with laws to arrest or atleast fine those companies heavily who does immediate firing without a period notice..Such corporate bosses must be jailed with longer jailtimes and be fined heavily, coz ur not firing only a employee, ur messing the structure of a family, ur disabling the family of paying the bills, promises made to their kids, rents, bills, future trips, EMI's etc..
Its nothing but violation of human rights.. this is a human rights issue..
They are given a severance
@@julese5115 lol
@@julese5115 not if fired for a lot of employees. Firing also looks way worse on the resume. If fired you lose your pension plan, retire you don’t
WTF are you talking about? You only have to give 2 weeks notice when quitting while this dude gave these assholes 1 month of pay for doing nothing.
@@jesses5463 this guys is doing it out of good faith, not off an obligation 😅
How the lay-offs help a particular company? Can someone plz explain?
Along with annual package, we need to ask layoff package also.
“Last time I did it I cried”..
My heart bleeds for you.
I have had the opportunity to deal with his company few months ago as a Real Estate Broker, I already predicted their down fall, but I did not realize it will happen so soon. The problem with this company is that their business model is wrong. It is easy to fix, but he is not a business boy, he is a corporate boy, so he will be always serve the board, and make his position secure, who cares for those 900 low paying employees, they are just numbers, not a big deal---Sad sad for a men who came from ---------------
I don’t believe they’re low paying
im about to cry
Their gonna need better help after this
Tbh when he repeated it's very hard for him yes thts the hint to look for another job.
So my question is to every CEO reading this comment and to Mr. Garg.
You are firing 900 (15%) of your workforce over management, efficiency and productivity issues. Isn't that your job to ensure that your workforce is efficient and productive ? Isn't that your job to ensure you have hired right candidate? Moreover, if you are giving them 3 months severance package, can't you invest the same (or 50% of it) in training this workforce and make them efficient and productive for you?
U can lead a horse to water, but you can’t make them drink. Good on the CEO
It was only 4 weeks legal mandatory severance and 2 month of health coverage if you watched the video 2:01
The 900 people were in the diversity department and getting overpaid not much he could do besides fire them.
I thought he said only 4 weeks severance...
@@face2much Being a CEO in America must be the easiest job in an entire company.
This is traumatic..
When there are layoffs, how come the supervisors always keep their jobs but the other productive employees they “care” about are let go? The system needs to change for the better.
The slow roll dude ceo dragged that out for 2 minutes
awwwww he cried -- that's so sad!
I also want to fire him😂😂this is marketing policy
If you want to keep your job in the corporate world work in HR an do this guys job. I’m a carpenter for 24yrs an lay-offs are a constant part of our jobs we only work when there’s work an we sit at home when there’s not with no severance package
Well, 4 weeks of severance is much more than I got for a company that I worked for 24 years and 11 months.
Dude cried. He liked his coushy stay at home job.
It's all about higher percentage profits every quarter.
Society is sick.
🙄 Eakthare Pule Nku Get Out 🙌
The fired guy's commentary was the funniest 😂
I don't think it's funny
Chill
@M especially with this supposedly going on around a Christmas season we THOUGHT we could celebrate with family/friends again.
Now these people have to spend what's supposed to be the most positive, selfless, & joyous season looking for employment & trying to buy meals...
Meanwhile he looks like he probably ordered some pretentious overpriced meal at his fave vacation spot with no care except whether he should leave a $3 or $5 tip for anyone who serviced him in some form or fashion.
He's not treating his employees with dignity so im sure he's that same jarhead egotistical, self-centered, narcissist who complains because there's an extra ice cube in his water so he takes it out of the measly $10 tip he probably anguishes over giving... 🤬
Scrooge & the grinch with a hint of orange/brown on his nose left over after wading in the exact BS Bezos, Elon, Trump, or any of the 5% that paid absolutely no where near what they should've paid for taxes. 😤😖😡🤬👹
This is effing sad!!!
I don't find it funny
Rip Squeex
Who’s here after the latest succession episode LOL
Standard layoff speech
Don't care or worry about these lay off s . Nobody can make your future except yourself. Believe in yourself and not in your boss. The world is full of opportunities and God has a better plan for you .
Yikes
Maja dila diya garg bhaiya yar...I hope you will brok your record very soon 😅😆😂🤣🤣🤣😆
YOU CAN VISIT PARTY CITY BUT YOU CAN’T LIVE THERE
Compare to European worker’s protections
They did better than the shitbirds that off'd me. I got a Teams call with mgr and HR and told end of month on benefits and an extra paycheck and that's it. On the 14th which was middle of EOM. But the mgr was let go right after holidays. I'm confident he had nothing to do with it but the lack of empathy from them on the call doesn't really want me to show much in his direction.
He’s the “# 1 bullshit guy”. if you know, you know.
Totally unprofessional attitude shows the why this company behaves with the employees, he should have been fired instead of those he is terminating.
What’s unprofessional about this? The measured tone or the three months of benefits?
@@BP-or2iu How about making statements by email about stealing from the company and clients?
@@BP-or2iu Method, and when he said that last time he did cry but this time he will try to be stronger..
this statement itself shows that he does have an habit of firing group of employees,
@@mazahirsyed Sometimes have to lay off 10-15% of a company. That’s what happens when you run a Business. I don’t know if this guy sucks or if he’s great. But this video doesn’t make him look bad.
Can't say it's not efficient.
i've had this twice in my career. first was 2008 middle of great recession, 2nd was 2021, middle of pandemic. my timing is impeccable. the last time i didn't even let the fucken HR drone finish his booboo speech. i said, "whats the package?". so glad i am retiring from this shit soon.
Zoom the personal touch
Amazing
All terminated employees can get better jobs market is hot folks!!!
he was just trying to do the needful the same
Newsflash: since you're expendable we're tossing you off the ship. Good luck swimming to the shore
betey moj kar di🙃🙃🙃
This time around I got 25m bonus
Mr garg shuld be fired for poor performance
Never demonstrate to your boss how much better your job can be done REMOTE. Remember that REMOTE can be your home 30 minutes away, or offshore at typically 1/3 of the cost.
AI can do the work of 900 at a computer terminal
No it can’t, lil bro. One smart man can do more work than the most sophisticated AI
This is the worst BOSS ever I hope God/Jesus will make him pay one way or another...I think people need to boycott his company NOW I think FORBES needs to take him OFF there list NOW immediately he doesn't deserve the mention to me.. I am sorry but I hope he and his FAMILY have the worst XMAS EVER since he ruined other people's Holiday with there families especially those with kids😡😡
God is nothing. I think the Tooth Fairy will be the one to teach him a lesson.
I didn't know stupid Barkha works at Mojo...will block immediately.
my squeamer
I disliked! who else did?
This is no surprise, he is from India. You guys can label me racist lol because you can get named racist these days for just about anything, but I dealt with people in higher positions in various companies and it's all the same, culture in India is such that for them such actions are normal. Recently a Dentist in Woodstock, Ontario Canada gave all his staff letters that they will be terminated, also just before Christmas, he cut their holidays, and just about every other benefit, talks to his staff like they are trash and it is thanks to these people that he is successful, he circumvented a loophole in a system so he didn't have to pay severance package to his employees. Any company that selects an Indian native for position such as CEO is asking for trouble, they come from culture where being rude, lack of compassion, unfair, taking advantage of others, this is all part of Indian culture, they just keep forgetting that in western countries that won't necessarily be tolerated.
Sadly this is the truth.
Agreed, there are some insensitive ones, do doubt. Not taking it as a racist either. You have shared ur experiences.. its ok. But, there are many people in Indian Higher Managements that are the epitomes of their field and have maintained a balance with soft but firm and 'staff over stuff' attitude...which ultimately works wonders for their organisations. So, I apologise on their behalf for the messy scenarios but, stay hopeful...I pray some day soon, u meet with sum1 with such a good heart who values people as their own children and help them grow as an individual instead of using them just for profits.
Board of directors and investors take these decisions not a single person . He is one among many and just a messenger.
I think you are not aware of work culture of big corporations
Biggest layoffs in history are like 60000 ,50000 all announced by white American CFO
@@user-jc1yz4qn2z
You completely missed my message, I deal with various people and companies, large and small. The fact is that Indian culture is very difficult at times. What about the dentist that gave his entire staff layoff notices just before Christmas? He owns the dentist office, he makes all decisions by himself. He did this because Canaian law says you have to give people so many months notice or you have to pay out larger amount in severance package, so now he renews their notice every few months so that he can let anyone go at moments notice because technically they were given notice months ago. So these people now live non stop with fear of being let go empty added after years of service.
These people are scam artists, just look at all call centers that originate from India and call all over the world scamming people out of their money, especially elderly and vulnerable people.
This is not a compassionate or carrying culture, rather one where people consider it success when they successfully scam others.
Yes board of directors make decisions in all corporations, including this bank. But they likely didn't tell him how to conduct his video message, and the way he did it just shows he couldn't care less, but that's to be expected if you deal with this culture.
Cheers.
@@googlreviews7813 you can't blame it on culture. We have laws against mass layoffs in India . But US avoid these type of laws . US is historically a capitalist country and society now capitalism some times backfire
bEtTeR
Here’s a leaked video of the CEO just moments after laying off 900 workers: ua-cam.com/video/aa-KHPSGF70/v-deo.html
Stop spamming your video everywhere
@@epokhemusic9495 Who the hell are you? My boss? Don’t you worry about what I’m doing.
As shitty as this is, unfortunately it is a natural result of business needs. I will say it's pretty dumb to talk about his own emotions during this as if anyone will have sympathy for him. One thing you never need to do is try to get people to sympathize with you when you're giving them bad news
Elections have consequences. Vote dumb win dumb prizes.
Some were only working two hours a day then turn around and clock in that they worked 8 when they didn't. This is why I'm against my employees working from home. Good on the CEO!
No person in leadership likes doing this. There i never a 'good way' to do this. There is only a bad, more bad, and worst. When I first saw this my reaction was "what a jerk" and some outrage. Then a saw the follow-up to this where corporate documentation. To quote Elon Musk (twitter tweat) after he announced the requirement to come back to the office "You can come into the office or go pretend you work somewhere else."
What has happened is wrong
But should employees be recording workplace zoom calls , this is a breach of confidentiality
Bhai unki job chali gai, tumhe confidentiality Ki padi hai.
Bhai tu rehne de ... Yaha parliament me porn record hota hai.
@@khalidalvi5436 😃😃😃😃😃
He fired them. So who cares about breach of confidentiality.
*that's* your problem with this??? FOH
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