We need a Petition to fire Mr Garg.
$Better Home & Finance(BETR.US$ i feel like the ceo is solely responsible for what is going on with the company from ruining their reputation by firing over 900 employees in a zoom conference to personal loans , making a public debut in a already messed up market , and bad business deals especially with investors in the SPAC he merge with . i was wrong that it would fly . i am just looking for an exist .
how do you go from this to 0 ?
“The crash was not entirely unexpected for Better, which built its business on lightning-fast home loans during the millennial home-buying spree that was the coronavirus pandemic. When the company first eyed going public in a SPAC merger with Aurora Acquisition Corp in 2021, it was valued at an eye-watering $7.7 billion. (The more than 90 percent stock price decrease is from where Aurora was trading at close on Wednesday, at more than $17 a share. Shares in the merged company, Better Home and Finance, debuted at $1.98 per share before dropping to $1.19 at close Friday.)” .
with a ceo that does this :
“it didn’t help matters that Garg, 55, was making national headlines for his behavior toward staff. On top of the aforementioned Zoom layoffs, during which he congratulated himself for not crying, Garg also called his employees “dumb dolphins,” said they were “embarrassing” him, and referred to a major investor as “sewage.” In an incident exclusively reported by The Daily Beast last year, Garg brought an ax into the office as a gift for an executive who had laid off a number of employees.” from thedailybeast.com
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
TheChariotnyc : Hahahahaha… this is seriously the biggest BS OF ALL Time… all companies fire people. At least he had the decency of speaking with them. Most people get fired over email.
I go by J lawliet OP : You are what’s wrong with this world . * why are millennials so lazy , ugh I love working those 23 hour shifts with 22$ hours pay in my already high monthly rent apartment “ i rather get fired by email then to be publicly humiliated and be national news .
Stockman1 : These kinds of posts I wouldn’t do though they have law firms working for them around the clock slander isant good
I go by J lawliet OP Stockman1 : Dont care , if i was a multi millionaire investors with a lot of money probably but law firms never go for the little guys unless the damage is big .
Stockman1 : True lol
Stockman1 : Amen
JonnyBets : bwaha you put some money in a stock and all the sudden your making management decisions
I go by J lawliet OP JonnyBets : Yeah because my management is what cause the stock to crash 93% hahaha
Kha Hong I go by J lawliet OP : Then wait for you to become a multi millionaire then talk
I go by J lawliet OP Kha Hong : Lol Freedom of speech have you ever heard about it or does it exist in the country of your origin ? Anyway i speak from facts . I look at the data and this ceo has done a terrible job at managing his business . DDoesn't help the fact that he brought a company that was value at 7 billions to less than 10 million market cap . Who are you going to Blame ? the market ? The employees ? The short selling ? Investors ? No the ceo who is responsible for bad business deals and screwing over their clients , investors and employees .