YOU ARE EMBARRASSING ME," according to a copy obtained by Fortune magazine. This refrigerator wants to turn drab kitchen appliances into art New York, NY CNN CEO Vishal Garg announced the mortgage company is laying off about 9 of its workforce on a Zoom. By Gerrard Kaonga On 12/7/21 at 4:47 AM EST News Fired CEO Viral video CEO of, Vishal Garg, fired 900 of his employees over a Zoom call and the video has since gone viral. In the email, he wrote, "You are TOO DAMN SLOW. Last year, Garg courted controversy for an email that he sent his staff. Vishal Garg, the CEO of, asked more than 900 employees to join him on a Zoom call. The Softbank-backed company - founded by Garg in 2014 - is estimated to be worth around $6 billion. (CNN) - The head of a digital mortgage lender is getting heat after firing hundreds of workers on Zoom. "However, a fortress balance sheet and a reduced and focused workforce together set us up to play offense going into a radically evolving homeownership market." s controversial CEO Vishal Garg, 43, fired 900 employees over a Zoom call claiming market fluctuations performance, and productivity. "Having to conduct layoffs is gut-wrenching, especially this time of year," he said in a statement quoted by NBC news. What Garg did not mention during the call was that last week, the company received a $750 million (€664 million) cash infusion from its investors as part of the deal, news outlet TechCrunch and Fortune magazine reported.Ĭhief financial officer Kevin Ryan said the layoffs and the cash infusion were big wins for the company. US employers struggle to find workers $750 million cash infusion Approximately 900 employees of digital mortgage company learned in a three-minute Zoom call that they have been laid off, NBC News reported on Monday.