A massive layoff, which was announced simultaneously via zoom to about 900 employees, was carried out by a company in the USA.
According to Forbes, the CEO of the digital mortgage company, with offices in California, North Carolina and Texas, announced the dismissal of 9% of its employees, a few days after the company even received an “injection” of liquid 750 millions of dollars.
“I have no good news,” he was quoted as saying in the video, which is making the rounds on social media.
“The market has changed, as you know, and we have to move with it to survive.” Only those who were to be fired were invited to the teleconference. “If you participate in this call, you are part of the unlucky team that is being fired,” the CEO is heard saying in the video.
“Your employment with us ends immediately,” he said, adding, “The last time I did that, I cried. “This time, I hope to be stronger.”
The CEO @ https://t.co/VNi1LcKgsg laying off 15% of workforce right before the holidays. Absolute horrible move on his part and making it all about himself. Hope those laid off bounce back quick! #better pic.twitter.com/7r6WGoTqoN
– Mo Stonks (@mgshuheb) December 4, 2021
Forbes
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