12/18/2021
In contrast to the positivity that is supposed to come with holiday season, employees at Better experienced an insensitive leadership that instilled frustration, anger and confusion into everyone.
900 employees were shocked to hear a sudden and heartless announcement from their CEO that they were ""terminated effective immediately"" during a meeting on December 1st. Many executives resigned once the news got out, employees and customers revolted, and everyone was driven to look at the toxic culture that exists within the company. Read the article for details.
One of our main focuses is nurturing leadership skills in business education, so we wanted to share this example of bad leadership and highlight the negative impacts it could have on a company's brand, productivity, and the trust of important stakeholders. We can do better than this.
“Employees are calling for a head,” a company source, who argued that Vishal Garg stepping down is a cosmetic fix, told The Daily Beast.