CEO Who Fired 900 People On Zoom—Allegedly Calling Employees ‘Monkeys’—Faces Lawsuit From His Company

2 months ago by VetOfTheSeas to c/workreform

Better Home & Finance accused its founder of running an illegal scheme to regain control of the firm.
  • Better Home, in a complaint filed Tuesday in the U.S. Southern District of New York, alleges Garg violated two federal securities laws by “cultivating a coalition of shareholders” and “flooding the market with misleading statements” to reinstall himself as CEO.

  • The company’s board voted unanimously—excluding Garg—to remove him as CEO on Aug. 3, citing net losses exceeding $1.5 billion since 2022 and a more than 90% plunge in Better Home’s stock price under his tenure, according to the complaint

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MantisToboggon 12 points 2 months ago

He should of faced an ass whooping.

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tacosanonymous 8 points 2 months ago

What is "should of?"

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matrixrunner 16 points 2 months ago

Should've

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

  • All workers must be paid a living wage for their labor.
  • Income inequality is the main cause of lower living standards.
  • Workers must join together and fight back for what is rightfully theirs.
  • We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

  • Higher wages for underpaid workers.
  • Better worker representation, including but not limited to unions.
  • Better and fewer working hours.
  • Stimulating a massive wave of worker organizing in the United States and beyond.
  • Organizing and supporting political causes and campaigns that put workers first.

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