Anonymous
Post 01/20/2022 18:10     Subject: Re:Better.com video to lay off 15 percent of company
Anonymous wrote:He kept his job.

Better.com’s founder returns as C.E.O. after firing 900 workers on Zoom.

https://www.nytimes.com/2022/01/18/business/better-ceo-vishal-garg.html


Of course! The alternative is to fire him, still pay him $$$$$, and have your stock tank.
Anonymous
Post 01/20/2022 17:41     Subject: Re:Better.com video to lay off 15 percent of company
He kept his job.

Better.com’s founder returns as C.E.O. after firing 900 workers on Zoom.

https://www.nytimes.com/2022/01/18/business/better-ceo-vishal-garg.html
Anonymous
Post 12/11/2021 20:07     Subject: Better.com video to lay off 15 percent of company
Over 100+ people at my job (Fortune 100 corporation) were laid off last month via a video meeting, as we are still wfh remotely. It was very awkward and shocking to everyone. I am so glad it didn’t happen in person, as many of my colleagues immediately became very emotional.

This was my first layoff and it sucks. So many emotions surfaced that I wasn’t even expecting. But now that I’m on the other side of it, I know that I’ll be okay. I hope there are better opportunities waiting for these 900 people being laid off. So many layoffs happening right now, most you will never hear anything about. Many companies are quietly offloading employees before 2022 gets here.

My advice is be ready for anything, and build your savings. Keep your resume and network up to date. Tell yourself it’s not IF you ever get laid off but WHEN. Be ready.
Anonymous
Post 12/11/2021 15:35     Subject: Re:Better.com video to lay off 15 percent of company
Anonymous wrote:
Anonymous wrote:Oh he's leaving. Probably without his golden parachute and stripped of stock. This is insane.



So do we think SoftBank learned from WeWork?


There were some conflict of interest issues, lawyers about to get excited
Anonymous
Post 12/11/2021 15:06     Subject: Re:Better.com video to lay off 15 percent of company
Anonymous wrote:Oh he's leaving. Probably without his golden parachute and stripped of stock. This is insane.



So do we think SoftBank learned from WeWork?
Anonymous
Post 12/11/2021 15:03     Subject: Re:Better.com video to lay off 15 percent of company
Oh he's leaving. Probably without his golden parachute and stripped of stock. This is insane.

Anonymous
Post 12/11/2021 14:59     Subject: Better.com video to lay off 15 percent of company
Anonymous wrote:Can the investors clawback from the CEO, since he may have single handed torpedoed their company. Or is it like WeWork where bad behavior is rewarded?


CEOs in general are way overpaid. Many of them are just ok or end up seriously harming the company with limited or no repercussions.
Yet, people are obsessed with complaining about how teachers are overpaid. And we cannot manage to pay decent wages to child care workers. I wonder about our collective values sometimes. I bet the Better CEO will be forced to resign.
Anonymous
Post 12/11/2021 14:08     Subject: Better.com video to lay off 15 percent of company
Can the investors clawback from the CEO, since he may have single handed torpedoed their company. Or is it like WeWork where bad behavior is rewarded?
Anonymous
Post 12/11/2021 13:39     Subject: Re:Better.com video to lay off 15 percent of company
Better is all over the news and not in a good way. The CEO was posting on an anonymous message board that employees were fired for working 2h per day but he didn’t have a shred of evidence to back up his claims. Wow! He sounds unhinged.
Anonymous
Post 12/11/2021 09:12     Subject: Better.com video to lay off 15 percent of company
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Piece of shit CEO is on leave now. 👍


Well yeah, he just received $100ms of cash, he’s on vacation.


No. He is on a leave of absence. I wonder if board will fire him. He apparently also got in a fight with a couple people at the private equity company that has a significant stake in Better.


Oh know he maybe unemployed with half a billion dollars of wealth, that will show him.
Anonymous
Post 12/11/2021 08:04     Subject: Better.com video to lay off 15 percent of company
Anonymous wrote:
Anonymous wrote:Piece of shit CEO is on leave now. 👍


Well yeah, he just received $100ms of cash, he’s on vacation.


No. He is on a leave of absence. I wonder if board will fire him. He apparently also got in a fight with a couple people at the private equity company that has a significant stake in Better.
Anonymous
Post 12/10/2021 14:31     Subject: Better.com video to lay off 15 percent of company
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Piece of shit CEO is on leave now. 👍


Well yeah, he just received $100ms of cash, he’s on vacation.


I hope people realize that companies have no loyalty to workers. Don't sacrifice your life for a job working for a company that would axe you in a minute regardless of your dedication.


My standards are extremely low such as you pay $$$ and I work. Even then I still run into petty politics at my low level and gets kicked to the curb when their fav underlings need credit for their promotion.
Anonymous
Post 12/10/2021 13:17     Subject: Better.com video to lay off 15 percent of company
Anonymous wrote:
Anonymous wrote:Piece of shit CEO is on leave now. 👍


Well yeah, he just received $100ms of cash, he’s on vacation.


I hope people realize that companies have no loyalty to workers. Don't sacrifice your life for a job working for a company that would axe you in a minute regardless of your dedication.
Anonymous
Post 12/10/2021 13:13     Subject: Better.com video to lay off 15 percent of company
Anonymous wrote:Piece of shit CEO is on leave now. 👍


Well yeah, he just received $100ms of cash, he’s on vacation.
Anonymous
Post 12/10/2021 12:49     Subject: Better.com video to lay off 15 percent of company
Piece of shit CEO is on leave now. 👍