10:38This CEO Just Fired 900 Employees Live on Zoom...
From My First Million · Published Jul 5, 2022 · Watch on YouTube
TL;DR
A speaker on My First Million reacts to a viral TikTok showing Better.com CEO Vishal Garg firing ~900 employees via a Zoom call. The speaker ridicules the CEO’s prolonged, self-referential delivery – calling the handling “ridiculous” and a public relations disaster.
Key insights
- The CEO took over two minutes of buildup before saying “laying off about 15% of the company” (at [03:45]), and only later said “your employment here is terminated effective immediately” (at [05:48]).
- The speaker argues that any large layoff call should “rip the bandaid off” in the first minute; the longwinded buildup confuses employees, makes them angry, and is self-serving.
- The CEO talked about his own emotions (“last time I did it I cried…this time I hope to be stronger”) which the speaker says is irrelevant because employees don’t care about him in that moment.
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