Better.com CEO Vishal Garg ousted by board over poor decisions and financial losses
Better Home & Finance Holding has removed CEO Vishal Garg from his position following concerns over his judgment and credibility. The company's board cited significant financial losses and a declining stock price during his leadership as key reasons for the dismissal. The move is expected to deepen existing disputes over board composition and corporate control at the firm. Garg had previously drawn widespread criticism in 2021 for abruptly laying off 900 employees during a Zoom call.
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