Better.com video to lay off 15 percent of company

[Anonymous]

Anonymous wrote:

Anonymous wrote:I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.

+1

This is the part that resonated with me. It is difficult to have employees/coworkers who don't pull their weight.

Haha, you guys are being duped. First off, that’s just terrible management if you have to do a mass layoff of 4x as many people to nab some scofflaws. Second, where was their management, 2 hrs a day, they should have been canned a long time ago.

No, he just knows how bad he looked with his mass layoff right as they were infused with cash and having a huge pay day, so leaked this ‘blind’ as PR crisis management.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.

+1

This is the part that resonated with me. It is difficult to have employees/coworkers who don't pull their weight.

ITA. I can hear people's background noise. It's clear that they are out and about while on calls. And they are slow to respond on everything.

There are certain people who can't handle remote work because they are just too easily distracted. Some of these folks are slow workers to begin with. Throw in remote, and it's a disaster. I've worked with a couple of them. They are now gone from the team, thankfully. Was tired of having to pull their weight.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He said 'We've been monitoring you remotely and you've been slacking - BYEEEEEEEEEE'.

+1

That is the part I understood. They had not been working, so they called it "stealing" from the company - I sort of wish more companies would do this.

I watched the whole thing and never heard any performance complaints? From press I read, they had automated some tasks and instead of re tasking staff they let them go to clawback unvested RSUS before SPAC.

It wasn't part of the call.

https://www.itechpost.com/articles/108165/20211206/better-com-ceo-vishal-garg-acuses-900-employees-stealing-lays.htm

And didn't really need to be, folks know when they've basically been caught

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.

+1

This is the part that resonated with me. It is difficult to have employees/coworkers who don't pull their weight.

Haha, you guys are being duped. First off, that’s just terrible management if you have to do a mass layoff of 4x as many people to nab some scofflaws. Second, where was their management, 2 hrs a day, they should have been canned a long time ago.

No, he just knows how bad he looked with his mass layoff right as they were infused with cash and having a huge pay day, so leaked this ‘blind’ as PR crisis management.

As a small startup, they probably don't have the means to monitor everyone's laptop quickly. This was probably a long drawn out process.

The guy is a douche for doing this so close to xmas, though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.

+1

This is the part that resonated with me. It is difficult to have employees/coworkers who don't pull their weight.

Haha, you guys are being duped. First off, that’s just terrible management if you have to do a mass layoff of 4x as many people to nab some scofflaws. Second, where was their management, 2 hrs a day, they should have been canned a long time ago.

No, he just knows how bad he looked with his mass layoff right as they were infused with cash and having a huge pay day, so leaked this ‘blind’ as PR crisis management.

Haha, doubt it. This isn't exactly hard to believe.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He said 'We've been monitoring you remotely and you've been slacking - BYEEEEEEEEEE'.

+1

That is the part I understood. They had not been working, so they called it "stealing" from the company - I sort of wish more companies would do this.

I watched the whole thing and never heard any performance complaints? From press I read, they had automated some tasks and instead of re tasking staff they let them go to clawback unvested RSUS before SPAC.

This happens in startups. It happened to someone I know back in the early 2000s. This kind of move is not new in startups. It just doesn't normally make headlines because they don't normally lay people off over zoom en masse. The CEO certainly needs a lesson in PR, but the bolded is fairly common in startups.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.

+1

This is the part that resonated with me. It is difficult to have employees/coworkers who don't pull their weight.

Haha, you guys are being duped. First off, that’s just terrible management if you have to do a mass layoff of 4x as many people to nab some scofflaws. Second, where was their management, 2 hrs a day, they should have been canned a long time ago.

No, he just knows how bad he looked with his mass layoff right as they were infused with cash and having a huge pay day, so leaked this ‘blind’ as PR crisis management.

As a small startup, they probably don't have the means to monitor everyone's laptop quickly. This was probably a long drawn out process.

The guy is a douche for doing this so close to xmas, though.

They weren’t a small start up, they are a large company about to go public. Now that they are disparaging the recently lost off, hopefully some of them go after the company.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He said 'We've been monitoring you remotely and you've been slacking - BYEEEEEEEEEE'.

+1

That is the part I understood. They had not been working, so they called it "stealing" from the company - I sort of wish more companies would do this.

I watched the whole thing and never heard any performance complaints? From press I read, they had automated some tasks and instead of re tasking staff they let them go to clawback unvested RSUS before SPAC.

This happens in startups. It happened to someone I know back in the early 2000s. This kind of move is not new in startups. It just doesn't normally make headlines because they don't normally lay people off over zoom en masse. The CEO certainly needs a lesson in PR, but the bolded is fairly common in startups.

Yep Zynga pulled this action 10 years ago. Hacker News says never work at a startup, either found one or treat like grad school: education with crud pay.

https://www.inc.com/ben-orlanski/equity-clawbacks-how-to-avoid-a-zynga-situation.html

Only rubes take staff jobs at startups.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.

+1

This is the part that resonated with me. It is difficult to have employees/coworkers who don't pull their weight.

Haha, you guys are being duped. First off, that’s just terrible management if you have to do a mass layoff of 4x as many people to nab some scofflaws. Second, where was their management, 2 hrs a day, they should have been canned a long time ago.

No, he just knows how bad he looked with his mass layoff right as they were infused with cash and having a huge pay day, so leaked this ‘blind’ as PR crisis management.

As a small startup, they probably don't have the means to monitor everyone's laptop quickly. This was probably a long drawn out process.

The guy is a douche for doing this so close to xmas, though.

They weren’t a small start up, they are a large company about to go public. Now that they are disparaging the recently lost off, hopefully some of them go after the company.

They have $1B in cash on balance sheet, they can pay the $4/year monitoring software fee.

But regardless, this is a management problem; my manager knows what I’m doing, progress on my deliverables, and doesn’t need software to do that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I thought those people were laid off in part because they were supposedly only working like 2 hours.

https://finance.yahoo.com/news/better-com-ceo-accused-hundreds-161831980.html#:~:text=Vishal%20Garg%2C%20the%20founder%20and,a%20day%2C%20Fortune%20first%20reported.

+1

This is the part that resonated with me. It is difficult to have employees/coworkers who don't pull their weight.

Haha, you guys are being duped. First off, that’s just terrible management if you have to do a mass layoff of 4x as many people to nab some scofflaws. Second, where was their management, 2 hrs a day, they should have been canned a long time ago.

No, he just knows how bad he looked with his mass layoff right as they were infused with cash and having a huge pay day, so leaked this ‘blind’ as PR crisis management.

As a small startup, they probably don't have the means to monitor everyone's laptop quickly. This was probably a long drawn out process.

The guy is a douche for doing this so close to xmas, though.

They weren’t a small start up, they are a large company about to go public. Now that they are disparaging the recently lost off, hopefully some of them go after the company.

They have $1B in cash on balance sheet, they can pay the $4/year monitoring software fee.

But regardless, this is a management problem; my manager knows what I’m doing, progress on my deliverables, and doesn’t need software to do that.

I thought the cash infusion was recent. In any case, it's still has a startup mentality, and as stated, startups are brutal. They will cut employees if investors want to reduce expenses just before going public.

I'll say again, there is no such thing as loyalty. My spouse got f*d over at a startup decades ago. Again, this kind of action is not new.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He said 'We've been monitoring you remotely and you've been slacking - BYEEEEEEEEEE'.

+1

That is the part I understood. They had not been working, so they called it "stealing" from the company - I sort of wish more companies would do this.

I watched the whole thing and never heard any performance complaints? From press I read, they had automated some tasks and instead of re tasking staff they let them go to clawback unvested RSUS before SPAC.

It wasn't part of the call.

https://www.itechpost.com/articles/108165/20211206/better-com-ceo-vishal-garg-acuses-900-employees-stealing-lays.htm

And didn't really need to be, folks know when they've basically been caught

Ha, if I enjoyed working 2 hours for a while I probably have zero problem with the layoff 😬

[Anonymous]

The original video has been removed. Anyone have link?

[Anonymous]

My post about how this CEO is a piece of shit was also deleted.
I will just come back here every day to post that =) make sure to delivery a consistent message.

[Anonymous]

I agree with the poster who says the CEO is a piece of shit. I don’t care if this is a start up or not, this is not how you layoff 900 people. And then to follow up with a blind post about how a number of them were Time wasters. That is slander. If you have time wasters on your team you deal with it manager to employee. By following up with those posts which looked like CYA to me. He does not strike me as an honest person and I would not believe what he posted.

[Anonymous]

Anonymous wrote:The original video has been removed. Anyone have link?

https://www.youtube.com/watch?v=3dFpD_ryzNo
This link has the bulk of the video but with annoying captions and background music.