Indian-American CEO who sacked 900 over Zoom gets fired himself

Vishal Garg made headlines in 2021 after he fired 900 employees over a video call. TOI Correspondent from Washington: Indian-American entrepreneur Vishal Garg, who became a global symbol of ruthless corporate layoffs after firing 900 employees in a three-minute Zoom call just before Christmas in 2021, has himself been ousted as chief executive of Better Home & Finance.Garg's removal came in early August when Daniel Lewis, a hedge-fund manager who had joined Better's board only a week earlier, became interim CEO. Better's board said directors other than Garg had unanimously voted to terminate him, citing concerns about his “judgment, temperament and credibility.” The company also pointed to losses exceeding $1.5 billion since 2022 and a more than 90% decline in its stock price during his leadership.The ouster is the latest twist in the extraordinary corporate saga of Garg, who founded Better after becoming frustrated with the traditional mortgage process. Born in India and raised in New York, Garg graduated from Stuyvesant High School and New York University's Stern School of Business. He previously co-founded online student lender MyRichUncle and founded Better in 2014.But it w...