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Better.com CEO fires 900+ employees on a Zoom call
Vishal Garg, the CEO of Better.com, asked more than 900 employees to join him on a Zoom call then told them their jobs were being terminated immediately.
The call lasted less than three minutes and comes less than four weeks before Christmas.
A total of 9% of the company’s workforce was laid off, including the company’s entire diversity, equity and inclusion recruiting team.
According to Fortune Magazine, the CEO later accused the employees of “stealing” from their colleagues and customers by only working two hours a day.
The laid-off employees will get severance pay and benefits.
Last week, Better.com received $750 million in cash as part of a deal with Softbank, a multinational conglomerate.
President Rodrigo Chaves says Costa Rica is at war with Conti hackers
The president of Costa Rica says his country is "at war", as cyber-criminals cause major disruption to IT systems of numerous government ministries.
A flight attendant for SpaceX said Elon Musk asked her to "do more" during a massage. Is it really wrong?
Ever since Elon Musk announced he wanted to open Twitter for free speech, opponents of freedom of information have been looking for embarrassing anecdotes in Musk's past, as par...
Mexico disappearances reach record high of 100,000 amid impunity
The number of people reported as disappeared in Mexico is at a record high of 100,000, figures suggest.
Twitter To Tackle Ukraine Conflict Misinformation With Warning Labels
The step-up against misinformation around Russia's invasion of Ukraine is part of a new policy that outlines how Twitter will approach misinformation during crises.
Venezuela government and opposition to renew talks amid humanitarian crisis
Venezuela's government and opposition say they are ready to restart talks in Mexico aimed at resolving the country's political crisis.
'Guatemalan attorney general involved in corruption' - US
The US has barred Guatemala's Attorney General Consuelo Porras from entering the country, accusing her of being involved in corruption.
Spain's Exiled Ex-King Returns Home After Two Years, Attracts Backlash
Although prosecutors closed their probes into Juan Carlos I's affairs in March, revelations about the murky origins of his fortune have done irreparable damage to his reputation.
KPMG warns British corporate giants of big hike in audit fees
Companies such as Barclays and Reckitt Benckiser face steep increases in their audit fees next year, partly because of inflated staff costs, KPMG has said in a note to clients s...
Blinken Accuses Russia Of Blocking Exports Of Ukrainian Grain Amid Crisis
Russia-Ukraine war: Addressing the United Nations Security Council, Antony Blinken appealed to Russia to stop blockading Ukrainian ports amid global food crisis.
US stock markets fall sharply as investors worry about recession
Dow Jones sinks more than 1,100 points as S&P closes down 4%, its largest fall since June 2020, and Nasdaq loses 4.7%
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