'I am deeply sorry for the angst, distraction and embarrassment my actions have caused.'
Vishal Garg, the contentious founder of the digital mortgage lending service Better.com, has been reinstated as CEO following his brutal mass layoff ofIn a letter sent to employees Tuesday evening obtained by SFGATE, Garg confirmed his return “to work full-time at Better” and apologized to staff for his indiscretion.
“I am deeply sorry for the angst, distraction and embarrassment my actions have caused,” Garg wrote. “I’ve spent a lot of time thinking about where we are as a company and the type of leadership Better needs … and the leader I want to be.” In case you forgot Garg’s slew of controversies, he laid off nearly 9% of the Better.com staff on a Zoom call, then proceeded to disparage many of them on. Past reports have also painted Garg as confrontational and violent; he once reportedly threatened to staple his former Better.com business partner to a wall and burn him alive.
Garg promised to “be more conscious of the impact” of his words and “placing more trust” in other company leaders in his letter.and reviewed by SFGATE, in which the company’s board of directors emphasized having “an inclusive and respectful culture” within the company — part of which apparently included giving Garg “an executive coach” and a monthlong break “to reflect on his leadership.”
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