@pizzadude wrote:I'd put low odds on anything coming out of this, but the CEO is "taking time off effective immediately" and the company has engaged a third party to "do a leadership and cultural assessment".
https://www.businessinsider.com/better-ceo-takes-leave-fires-900-employees-zoom-2021-12
A company can't just pull the plug on employees, which is literally what they did here. There's a whole raft of exit requirements to properly off-board any employee. The class action lawsuits are going to ream this company for millions.
@NRB525 wrote:
@pizzadude wrote:I'd put low odds on anything coming out of this, but the CEO is "taking time off effective immediately" and the company has engaged a third party to "do a leadership and cultural assessment".
https://www.businessinsider.com/better-ceo-takes-leave-fires-900-employees-zoom-2021-12
A company can't just pull the plug on employees, which is literally what they did here. There's a whole raft of exit requirements to properly off-board any employee. The class action lawsuits are going to ream this company for millions.
Sure they can. I lived in Texas before moving back home to California, and it's a "fire at will" state. There is absolutely *no* protection for employees--at all. As long as the employer doesn't break any federal anti-discrimination laws, they're free to fire at will, for any or no reason, at any time, with no severance pay or any other termination kind of package.
@pizzadude wrote:Vishal Garg, the founder of digital mortgage lender Better.com, who fired about 900 employees over Zoom last month, has reportedly returned to his position as CEO a little more than a month after announcing he was "taking time off" from the job.
"As you know, Better's CEO Vishal Garg has been taking a break from his full-time duties to reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach," Better.com's board said Tuesday
I seriously doubt he did any of that...he just wanted this to all blow over.
As for an at will state I can attest that this is the same in Delaware also.
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This fiasco just gets worse. Employees learned of new layoffs when severance checks appeared in their payroll app.
The mass layoffs at digital mortgage lender Better.com have reportedly started, according to employees and other sources at the company, and affected workers are finding out by seeing a severance check in their Workday account — the company’s payroll app.
The layoffs were meant to be announced by the company on March 9, but one employee — who wishes to remain anonymous due to fear of repercussions — told TechCrunch that “they accidentally rolled out the severance payslips too early.” Better.com execs reportedly planned the layoffs for March 8 but moved the date to March 9 when news of the initial date leaked.
So incredibly unprofessional, but it's par for the course it appears.
