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Better.com CEO Vishal Garg Said to Be Taking Time Off With Immediate Effect After Zoom Call Firing Fiasco

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Better.com CEO Vishal Garg Said to Be Taking Time Off With Immediate Effect After Zoom Call Firing Fiasco

Better.com CEO Vishal Garg is on vacation, effective immediately, and Vice quoted an email report from the digital mortgage company’s board of directors on Friday.

Earlier this week, after a video of him firing 900 people through a Zoom phone went viral on social media, Gag apologized for the way he handled the layoffs of the mortgage company.

Chief Financial Officer Kevin Ryan will manage the company’s daily decision-making and report to the board of directors, Vice quoted an email report as saying. Better.com’s board of directors also hired an independent third-party company to lead and report on the cultural assessment.

Better.com did not immediately respond to Reuters’ request for comment.

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Garg came under fire after the SoftBank-backed company took action. Earlier this week, he stated that he had “implemented it by mistake” in communicating the layoffs. The CEO cited market, performance, and productivity as the reasons behind the decision to shut down employees in the United States and India.

Better.com was founded in 2016 and is headquartered in New York, providing mortgage and insurance products to homeowners through its online platform.

The company said in May that it would go public through a merger with blank cheque company Aurora Acquisition, which valued it at US$7.7 billion (approximately Rs 58,347 crore).

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

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Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

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As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

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