Who wouldn't want to work for someone that sends you messages like this? “You are TOO DAMN SLOW. You are a bunch of DUMB DOLPHINS and…DUMB DOLPHINS get caught in nets and eaten by sharks. SO STOP IT. STOP IT. STOP IT RIGHT NOW. YOU ARE EMBARRASSING ME.” (From Forbes article)
People in power protect other people in power unless they want to get rid of them. There is a different set of competencies that are valued among the elite. Beneath the pleasant exterior, it is a feudal system that maximizes rewards for a few elite who already hog resources, with no remorse for the consequences to the many.
Would you learn a thing if you fired 900 employees and made that moment about yourself somehow then got 25 million as a bonus? I know i would not, it would be impossible from all the swimming in huge piles of cash i'd do like Scrooge McDuck.
Companies want good slaves who are married/have kids. After about 20 years working, I'll tell young people you should not have any loyalty to any organization, they will turn on you in a second when its convenient and fire/replace you. Also to ensure no slavery, young people dont get married and dont get a girl pregnant, make sure she takes the birth control pill daily in front of you and both wear protection. You will just condemn your new child to increasing poverty and freedomless slavery and these control/money/job trends worsen. Promote this idea in videos and social media to help prevent more young people into this new slavery.
I refinanced my mortgage last year, and Better was one of my options. So glad I went with a different bank. As a customer, I would hate to fund this CEO's salary.
having worked at great startups and toxic ones, the culture 100% comes from the top. If the CEO is toxic it will bleed into the exec team and then down to the workers.
It just keeps getting better and better with this Vishal Garg guy. Money-grubbing, vindictive sociopath, has a victim complex, and now he's a money launderer. Thanks for the update.
It's gross that they fixed the severance issue and news outlets reported it as if the company was suddenly being altruistic. I would say the company did it this way purposely for some positive optics after the public blowback, but do we really think they're competent enough to have planned something like that? Hmmmm.
The media is always complicit. Years ago I worked for a company that fired 70% of its employees without warning. There were people that just got raises and promotions a month earlier that got canned. Others that quit their old job to work there about a month prior...fired. Yet the Atlanta Business Chronicle named them 'One of the Best Companies to Work For' a couple of months later.
@@Richie3Jack The good thing is that it's just a few corrupt evil executives that actually think that way, the rest of the people aren't fooled, for long.
I'm 66 yo and I now see the thinking of young people, and I am very pleased and hopeful for their future. I came from a blue collar job at 15 and retired this year. I had the ethics of the working class, and have sacked employers for a better job elsewhere. It is good to see this spirit now evident in the young people of today. Keep up the good work, and great message Joshua.
Can you comment on Mayfield Candle Factory and Amazon warehouse fatalities? In both cases, they didn't allow their employees to go home during tornado warnings, and they were killed at work.
You actually shouldn't travel during a tornado warning. If they didn't have appropriate shelter locations and procedures and actually send employees to shelter in place...then they suck and should be held accountable.
Josh: Thank you for bringing up the WARN Act, as I was previously not aware of it. Last year, at the start of COVID, my company's local office laid off 1/3 of it's staff, including me. I was given ONE WEEK severance. Because they were way less than 100 employees, the WARN Act does not apply, but it's still good to know for future reference.
That's a good point. We should all get to know the labor laws in our particular country/state/province. Many people are being exploited more than they need to be, because they don't know the laws made to protect them, and the companies sure as hell aren't going to educate us.
"hungrier/hungry" is a new corporate meme. Why do they think being hungry is good? But the goal of work is ultimately to get food so that you are no longer hungry. If you are still hungry after working, technically that means you have failed. Why do they want employees to be failures at the company?
They want employees to worship money n materialism like they do because they don’t have a god. The country really has an existential crisis and the evil sociopaths can easily prey upon the weak. It’s by design, someday you’ll be able to connect the dots.
@@zompreacher worked at a hospital with an awful ceo. Multiple times my CIO and the council on staff walked into his office with a notary to sign "this is a fucking stupidly bad decision and i told you so and you chose not to listen" paper work. Most of the time he would back down but sometimes he didn't. One of those times lead to his being ousted.
So he admitted in the email that he is incompetent in people handling skills which is basic for any CEO. He also uses the words like botched, blundered, Sorry etc etc so in one email he projects himself as a disaster of a CEO. He should be fired immediately by the board just like he did to those 900 employees.
Last layoff I was involved in, the company laid off about 75 of us, but said we're "still employed by the company for 60 days with regular pay". We were told no need to come to work, we can use this time to find other opportunities. Here I was thinking they were at least TRYING to be decent despite laying people off three weeks before Christmas. Ohhhhhh how naieve I was back then lmao.
Great video Josh. Thanks for taking up this fight. We've been brainwashed to believe we're bad for expecting better from our employers. We need more people shedding light on these practices.
In the next job interview: So, why weren't you good enough to stay at that company? Also, I'm very concerned about this 5 minute employment gap, care to explain?
Value comes from the workers, not the executives. It's not random, it's capitalism baby! The executives are there to ensure they extract as much value out of the workers for the benefit of the investors, and in return the executives get a sizable portion of the value they squeeze out. In a sense this dude is a class traitor. But instead of standing with the workers against the rest of the bourgeoisie, he just went rogue. So don't do cocaine kids. Cocaine is bad, m'kay.
@@josephbrennan370I worked for Microsoft, so did my dad, and I know a lot of other IT people. From my experience and their comments to me, LinkedIn does not help you get a job.
@@rishabhjain7543 you need to change your sources, you very much can do shit like this in Europe, with a bit more regulation = slightly longer notice periods (but with lower salaries which means you are tied to working longer and get less in return than in the US)
I wish you were my son!! Your ideology is exactly mine since I started working in the 80’s. Keep it up! Americans need to realize we have one life. We should not have to sacrifice our family, friends and health for “companies” just to keep basic living conditions. Are there no unions anymore? There needs to be an international union for digital workers globally. If there’s a global strike with enough, (…and enough stick together with picketing…) then these companies must negotiate. They’ll most likely feel the pressure to start treating people like human beings.. js So much to say and so limited on here lol!!
Times were differnet Overpopulation has caused many problems U being easily replaceable is one of them At that time there were 10 jobs for 12 people Now there r 100 jobs for 250 people So only the best survives Or the ass kissers
Man, ive been binge watching everything youve put out! I freakin subscribed after that clown ass video. I had tears in my eyes, no bull shit. I did corporate for 4 years, never again.
Everyone here is just glossing over the $100 million loss in the last quarter. Holy cow that is a 911 red alert emergency! CEO was probably too panicked to give the attention needed to let such a big chunk of staff go appropriately, with proper care and consideration. He would have fired them all in the same week if he could have I would think.
Yeah, the outrage seems inconsistent with his actions. He seemed sincerely upset that his decision meant that many people lost their jobs, nor did he fob the responsibility of letting everyone know off on some other poor shmuck. I do question the huge bonus, but if that bonus was prior to the 5-alarm Fire, then it's not really relevant.
the scam isn't about saving taxes - the reason the CEO is using these other businesses, is to funnel money from the company he's the CEO of into his own company. Basically the same strat as the CEO of wework was doing by leasing his privately owned companies to wework so regardless of how profitable the company was, the CEO was profiting to hell
Yeah you're right, as well as becoming profitable by business expensing assets that give cashflow. You can funnel but tax has to be paid if it's not expensed.
I went through many of your troubled-times videos - the hard times - good times etc. I want to say "Trust Yourself". What you have been doing is right for the most part. Take care of yourself "FIRST". Trust your "Gut Feelings", your "Heart" and if mistakes are made, learn from them and keep pushing forward. You're videos are awesome. I'm rooting for you! Keep going - one foot in the front of the other. Life is good & we are blessed!
LinkedIn is FUCKED, BRO. I think I might pull my profile for this piece of shit place and just post on the other sites. Frankly, there's no difference in performance among these sites. BTW...could you do a vid on how to BYPASS recruiters and GO FOR A JOB YOURSELF!?!? How do you do it, bro? I really don't want to fucking deal with shitty recruiters anymore. Keep up the good work.
Great topic idea. I’ve been self-employed for years, and I had to get a full-time job during the pandemic. I emailed hiring managers directly and got a job. Some hiring managers have a lot of say, and others, the recruiters, run the show as far as hiring. Your approach must be authentic, valuable, and tailored to the person. You can message them on LinkedIn or send an email.
Still sure that despite the situation there are some clouns on Li that thank Better in their posts for all the "experience" and being "like in a family".
@@spiritqueen11 Maybe they drank the kool-aid? Everyone I knew including myself were seething mad but we wanted to appear professional so we didn’t entirely drag the company in our posts. As for me, I thanked my team because they did become my friends in real life and this experience sure has bonded us. And I did indeed gain some valuable experience and insight. You can wish someone or some entity to go to hell and still be grateful. For some of us, it wasn’t all that bad. I had very little to do with Vishal so other than his weirdness on company all hands, I didn’t have to experience his toxicity and bad leadership. Until I got the ax. Even then, I didn’t really care. I’m just annoyed that I have to job search again. Ugh. Lame.
Would you be willing to do a video about Kellogg's and their mass firing of 1400 employees because the union went on strike? Terrible working conditions at that garbage company.
Most food companies are. General Mills isn’t much better. Terrible vindictive management. Very adversarial with employees. I would never work there. I was subcontracted in. That was bad enough. At least I could say FOAD.
Damn, that guy waltzing around with 25 mil cash deposit almost makes me think he might be laundering money. That of course is not defamation of character so please don’t sue me Garg!
This is true. I was in a company acquired. When they canned everyone they were not immediately let go. After that Friday they were not required to return to work for the next 60 days but were still paid with benefits. On top of that, the workers got a severance.
CEO: "I almost cried" about crushing people's lives Also CEO: An alum of NYU, and therefore been living a gifted life on a cloud and gave himself a 25 mill bonus....
Remember folks, Unions protect you just as much as they protect your boss from being dragged out into the street and beaten. They just forget that last part used to be a thing.
Hey, you're funny, acting like the biggest corruption problem with unions is at the local level and not the fact that unions are now massive national conglomerates that take money from members by force and feed it to one political party.
Note to the workforce: In case you haven't figured it out yet, businesses are in the business of making money. They are not in the business of providing a means to livelihoods. It doesn't matter what type of business it is. The loyalty of a business stops at the proverbial front door. When you go to work every day, make sure you understand that single most important fact. Do your job, do it to the best of your ability, and go home. Nobody there is your friend, least of all the execs or board members. So when the company does decide to make better "business decisions", you'll feel much less apprehensive about suing the crap out of them and moving on to your next potential lawsuit waiting to happen.
I used a lot of this guys words when I upset my wife. I thought "I" statements was a great tool for communicating. They're not so great when you need to acknowledge the other person's pain/feelings. Instead of I'm wrong, I say "it sucks when a partner screws up." Or "the pain must be unimaginable". THEN I'm sorry. Works much better. I statements just make you think about you and your perspective. This guy thinks he's a great boss and is too self-unaware to realize he doesn't even care about his employees. PS Great vid. Big hello to the anonymous intern/employee.
The way I was taught, “I” statements were meant to remove blame from the other party when it came to discussing conflict. People are less likely to be defensive or combative and more likely to be receptive to feedback when it’s framed in terms of “our individual needs not being met” versus “you did something wrong”. It’s intended for conflict resolution but, yes, not when you need to acknowledge the other person’s feelings. That’s when you need to do active listening and mirror back what the other person is saying or experiencing. E.g. a roommate is being too noisy late at night because they work odd hours and is disturbing your sleep. “I’m not getting the sleep I need in order to wake up well rested because the noise wakes me up and prevents me from falling back asleep.” In this way we can frame the conflict in terms of how it impacts us. Furthermore, by keeping the reference to the conflict as “the noise” rather than “your noise” we also neutralize any blame. And we’re more likely to engage in a productive conversation, leading hopefully to a mutually agreeable resolution. Nothing is 100% trigger-proof but this is more likely to disarm someone who may otherwise feel attacked. Once someone gets on the defensive, it’s really hard to have a rational conversation. Unfortunately for me, when I get really mad, I struggle to utilize “I statements” and instead use the bad, bad, bad “you statements”. Example: “You’re so loud at night. You always wake me up and your actions prevent me from going back to sleep.” This just triggers people to defend their actions and arguments continue to build up and once both parties are sufficiently angry, you leave the argument having not gotten to the heart of the issue and definitely no chance of there being a solution. Even if you manage to come to a solution, you both don’t leave the conversation feeling good about yourselves so the resolution is tarnished. And one person will more than likely feel like they were coerced into the solution. In the case of Vishal, the one-way Zoom meeting was not a discussion about a conflict he had with his employees that he needed mediation. I statements would definitely be inappropriate unless it was to say “I understand this may come as a shock to you and I understand you may need time to process this news.” But that’s not what I would consider “I statements”. That’s just showing empathy. Because the same statement could be framed without “I” in there. As in: “This may come as a shock to you and you may need time to process this news.” So, not really an “I statement” as it was unnecessary. Sorry, I’m an HSP (highly sensitive person) with high empathy meter. Conflict resolution is my jam, despite being terrible at it in practice with my sister (the only person I really fight with the most). I like to help my friends arm themselves with communication tools to work through their relationship problems (professional and personal). Should’ve became a therapist or counselor. Oh well!
PS. Glad you figured out a better way to communicate with your wife. Empathy is huge! Acknowledging the other person’s experience is gold! Yes, this guy has zero self-awareness. Sheesh.
@@SL-lz9jr ROFL 🤣. I love how you wrote your thesis on conflict resolution in youtube comment. I saved the entire thing & read it all. I am so much like you lol. I think when you say I statements you're referring to conditions where you're wronged or are showing empathy or admitting fault. I wonder how I statements work when you're arguing for yourself or defending your actions. Would it be better to use I statements to justify yourself or use we statements to keep it non personal. Psychology unlike physics feels less universal & more situational. What are your thoughts? I think we share a lot in common except the sister part 😂. My sister is the person I have least conflicts with.
You should do an end of year list called Grindreel’s Top 10 most Toxic CEOs and post it on linked in or something lol. And then put Vishal at #2 (Right under the Bliz/Activision CEO Bobby Kotic or whatever his name is).
As someone who does invest into companies. An easy way to get rid of investors is simply buy back their shares of the company. Some investors will not sell, but the majority will if the head of the company explains why and maybe explain what happens if they don't sell. Like I would sell because it is a giant red flag on the leadership of the company, and if I can't kick them out. Then I need to get rid of the possible toxic investment.
How many companies is that guy the CEO of? If he has that many jobs maybe HE needs some employee monitoring software because he's DEFINITELY not putting in a full 5 days a week at Better. He's "stealing from the company"
While he might be an Ass, he is right suggesting the employee leave now instead of just milking the clock and delaying things. No paid employee is entitled to that time at work...and they ALL slack once they have emotionally checked out!! Nothing wrong with pushing them out the door. That aside, this dude seems shaaaady! Great research!
ok dude. That's rude. A lot of my friends have that surname. Garg surname comes from an Indian clan, which used to be travellers and businessman. Most of them are very nice people.
@@rishabhjain7543 it would only be rude if i knew that obscure fact. Well this ceo is the only garg I know and he gives it a bad name. Sorry to your good garg friends.
This is what fin tech companies have been doing. At least once a year they lay people off it’s such a sad existence people need to start their own companies
After university I went back to look for my old job, (not in the US). Things had changed. No permanent employment. Only freelance. You get paid only if they use your work. But you have to show up promptly at 8am every day and work a full 8 hours. Also, no overtime in a job where going past 8 hours was common.
My sister is a corporate lawyer She is currently making 170k She has 7 years experience But she could get another job worth 200 k easily cause they want more women in such jobs But she has rejected all offers Coz these companies have poor work life balance bully bosses Bad coworkers toxic competition So she's chosen mental health over money
I looked up the Board for Better. Not sure why there was only 5 members, and I think all but one are heavily invested in Better. How can they give hard-hitting Board advice when they are heavily invested in it? It seems there is no honest advice given or accepted at Better. I contacted my broker and asked to make sure I'm not invested in this poorly run start-up. Thanks for the deep dive coverage of this mess, Joshua.
This is what happens when a particular person is granted privilege and esteem no matter how they act; and there's always one or two of these jerk offs in any office (the manager's 'pets') who are never told to behave properly, because if you do they get hurt and you get fired. Finally, they take over a company or dept completely and are still utter dog shit (no surprise).
Can you do an investigation on freedom mortgage and how they fire jusyeah but they fire just about 20% of their staff right before Christmas most every year. Yeah they schedule a meeting with the unlucky bunch then send their managers out with blue bags to collect all of their belongings packed them up and then walked them out of the building and handed them their blue bags. One year the owner Stan Middleman went out and bought a new Bentley right after the firings.
Idk why I even like this channel so much. Not to say your content isn’t good. But I’ve never been fired or involved in any of this really. But it incredibly interesting to me. Hahah.
Please investigate and make a video on MNC'S converting permanent jobs into fixed term employment by giving marketing rights to 3rd party marketing companies. This is happening after labour laws changes in India. Mostly Pharmaceutical MNC'S.
Even if they gave them the proper severance pay when they let those people go. The CEO got a huge HUGE bonus, he could've kept people on staff. He looks bad no matter what way they try to spin this.
Why oh why do investors and pe firms put up with this? He literally called them an ingrate and a thug in his email to them which you didn't even comment on, was that a fear of being demonitized? Multiple ads interrupted you, but this indepth video of yours confirms what I think about this guy's character. I think anybody who works for him at his other companies needs to take notice and give their notice. If I were an investor, I'd be pulling all of my money out.
#1 Startup Company In the US to work .... F
www.linkedin.com/pulse/linkedin-top-startups-2021-50-us-companies-rise-linkedin-news/
Who wouldn't want to work for someone that sends you messages like this?
“You are TOO DAMN SLOW. You are a bunch of DUMB DOLPHINS and…DUMB DOLPHINS get caught in nets and eaten by sharks. SO STOP IT. STOP IT. STOP IT RIGHT NOW. YOU ARE EMBARRASSING ME.”
(From Forbes article)
Does that CEO realize that he has a boss and his boss is the board of shareholders?
It would be absolutely hilarious if it wasn't at the expense of 900 people.
People in power protect other people in power unless they want to get rid of them. There is a different set of competencies that are valued among the elite. Beneath the pleasant exterior, it is a feudal system that maximizes rewards for a few elite who already hog resources, with no remorse for the consequences to the many.
@@sonny12681 he may not be pleasant but he knows how to make money, and that's what investors want.
That CEO is a real piece of work. The lack of self awareness is off the chart. Corporate bullshit all around.
More like sociopathy all around.
NYU alum, paid 200 grand to live a privileged gifted life
Bobby Kotick is his idol
He knows what he’s doing. Sociopaths end up in jail or CEO’s
Self awareness? He's a sociopath.
The sad part is, he probably hasn’t learned a thing from this and must be nice to hide away with that nice salary until all of this blows over.
Psychopaths never 'learn' in any real sense.
There's nothing for him to learn, he's filthy rich
Guys like this double down on doing shitty things.
@@grantoden8242 yep cuz they're untouchable
Would you learn a thing if you fired 900 employees and made that moment about yourself somehow then got 25 million as a bonus? I know i would not, it would be impossible from all the swimming in huge piles of cash i'd do like Scrooge McDuck.
Shout out to the employee who recorded the video meeting and shared it. Great job 👏🏾
@deliriouspepeg no he is *THE* gigachad
And he said what everyone thinks about these scummy CEO’s.
He is a Terachad.
@@patcoleman8606 no he is *THE* Terrachad
Companies want good slaves who are married/have kids. After about 20 years working, I'll tell young people you should not have any loyalty to any organization, they will turn on you in a second when its convenient and fire/replace you. Also to ensure no slavery, young people dont get married and dont get a girl pregnant, make sure she takes the birth control pill daily in front of you and both wear protection. You will just condemn your new child to increasing poverty and freedomless slavery and these control/money/job trends worsen. Promote this idea in videos and social media to help prevent more young people into this new slavery.
@@rejectionistmanifesto8836 Your comment is off-topic to my post, but okay good point though 👀.
Best to comment on the video instead.
I refinanced my mortgage last year, and Better was one of my options. So glad I went with a different bank. As a customer, I would hate to fund this CEO's salary.
Yes trust and banking, never a good mix.
"We've investigated ourselves and found no wrongdoing."
Ourselves*
Sounds like our government...
Sounds like law enforcement
Bwahahaha
having worked at great startups and toxic ones, the culture 100% comes from the top. If the CEO is toxic it will bleed into the exec team and then down to the workers.
It just keeps getting better and better with this Vishal Garg guy. Money-grubbing, vindictive sociopath, has a victim complex, and now he's a money launderer. Thanks for the update.
It's gross that they fixed the severance issue and news outlets reported it as if the company was suddenly being altruistic. I would say the company did it this way purposely for some positive optics after the public blowback, but do we really think they're competent enough to have planned something like that? Hmmmm.
You caught us doing an oopsie. Take this, now we're the good guy.
Corporate owned media running interference for Corporate America?! No wayyyyy…. Dude. FFS, Corporations have been in bed with big media for years.
@@07wrxtr1 Shh this channel is where the shell shocked corporate simps recover, the truth comes slowly to them, but it does make it.
The media is always complicit. Years ago I worked for a company that fired 70% of its employees without warning. There were people that just got raises and promotions a month earlier that got canned. Others that quit their old job to work there about a month prior...fired. Yet the Atlanta Business Chronicle named them 'One of the Best Companies to Work For' a couple of months later.
@@Richie3Jack The good thing is that it's just a few corrupt evil executives that actually think that way, the rest of the people aren't fooled, for long.
The companies with the easiest names to roast on always are the worst ones to work for.
I'm 66 yo and I now see the thinking of young people, and I am very pleased and hopeful for their future. I came from a blue collar job at 15 and retired this year. I had the ethics of the working class, and have sacked employers for a better job elsewhere. It is good to see this spirit now evident in the young people of today. Keep up the good work, and great message Joshua.
Your kidding I hope, would you hire Josh to do a job for you? How about the over achievers on this comment board?
Can you comment on Mayfield Candle Factory and Amazon warehouse fatalities? In both cases, they didn't allow their employees to go home during tornado warnings, and they were killed at work.
You actually shouldn't travel during a tornado warning. If they didn't have appropriate shelter locations and procedures and actually send employees to shelter in place...then they suck and should be held accountable.
You wouldn't want to travel during a tornado, you should shelter in place
It's tragic and I want to cover it properly so give me a day or so.
@@JoshuaFluke1 can you also look at Kellogs in Ohio?
Yeah I heard something about they would be fired….
Josh: Thank you for bringing up the WARN Act, as I was previously not aware of it. Last year, at the start of COVID, my company's local office laid off 1/3 of it's staff, including me. I was given ONE WEEK severance. Because they were way less than 100 employees, the WARN Act does not apply, but it's still good to know for future reference.
That's a good point. We should all get to know the labor laws in our particular country/state/province. Many people are being exploited more than they need to be, because they don't know the laws made to protect them, and the companies sure as hell aren't going to educate us.
"hungrier/hungry" is a new corporate meme. Why do they think being hungry is good? But the goal of work is ultimately to get food so that you are no longer hungry. If you are still hungry after working, technically that means you have failed. Why do they want employees to be failures at the company?
They want employees to worship money n materialism like they do because they don’t have a god. The country really has an existential crisis and the evil sociopaths can easily prey upon the weak. It’s by design, someday you’ll be able to connect the dots.
Hungry = easier to exploit
One of the best things Garg can do is to fire his general counsel and hire one that's competent in employment law.
Doesn't matter how good/bad your GC is if your CEO doesn't listen to anyone, unfortunately. But yeah, good lord.
@@zompreacher worked at a hospital with an awful ceo. Multiple times my CIO and the council on staff walked into his office with a notary to sign "this is a fucking stupidly bad decision and i told you so and you chose not to listen" paper work. Most of the time he would back down but sometimes he didn't. One of those times lead to his being ousted.
He basically did money laundering
Who gives a crap what the low life does, all the workers still there are fools and will eventually get fired or laid off.
So he admitted in the email that he is incompetent in people handling skills which is basic for any CEO. He also uses the words like botched, blundered, Sorry etc etc so in one email he projects himself as a disaster of a CEO. He should be fired immediately by the board just like he did to those 900 employees.
Last layoff I was involved in, the company laid off about 75 of us, but said we're "still employed by the company for 60 days with regular pay". We were told no need to come to work, we can use this time to find other opportunities. Here I was thinking they were at least TRYING to be decent despite laying people off three weeks before Christmas. Ohhhhhh how naieve I was back then lmao.
Mean Girls: Corporate Edition.
Great video Josh. Thanks for taking up this fight. We've been brainwashed to believe we're bad for expecting better from our employers. We need more people shedding light on these practices.
It's amazing how he became a CEO with this much of self-awareness, or lack there of.
I'd argue a lack of self awareness and empathy is a requirement to be a CEO.
I guarantee the company knew they were breaking the law but wanted to see if anyone noticed so they could get away with it.
In the next job interview: So, why weren't you good enough to stay at that company? Also, I'm very concerned about this 5 minute employment gap, care to explain?
Maybe investors should squeeze the money out of the executive team and not the average worker
The vampire class does not attack itself. They leave that to us.
Value comes from the workers, not the executives. It's not random, it's capitalism baby! The executives are there to ensure they extract as much value out of the workers for the benefit of the investors, and in return the executives get a sizable portion of the value they squeeze out.
In a sense this dude is a class traitor. But instead of standing with the workers against the rest of the bourgeoisie, he just went rogue. So don't do cocaine kids. Cocaine is bad, m'kay.
Josh I have watched you since the begining. Never change friend.
They have no choice but to resign because the CEO just made their jobs 1000x harder. Marketing and PR nightmare!
I was wondering about the WARN act on the first video, because I was part of a lawsuit involving that for my very first job.
This shows how bad LinkedIn is.
Yet you have to use it to get jobs sadly.
@@josephbrennan370I worked for Microsoft, so did my dad, and I know a lot of other IT people. From my experience and their comments to me, LinkedIn does not help you get a job.
@@djsombreropictures4523 how long ago was that? My friends and I used it to find our jobs. We weren’t getting interviews any other way.
@@josephbrennan370 all my friends never used linkedin to find job. I did but never got a call.
The article is from september 2021, before this incident.
This has to stop, CEOs and companies are treating us as garbage!
That's what happen when people demonize unions. Can't do such thing in Europe or China.
This is what happens when profit is the sole motive. Unchecked capitalism is the problem.
This is what happens when you dont have the skills to be your own boss
@@rishabhjain7543 you need to change your sources, you very much can do shit like this in Europe, with a bit more regulation = slightly longer notice periods (but with lower salaries which means you are tied to working longer and get less in return than in the US)
Mostly the executive team
I wish you were my son!! Your ideology is exactly mine since I started working in the 80’s. Keep it up! Americans need to realize we have one life. We should not have to sacrifice our family, friends and health for “companies” just to keep basic living conditions. Are there no unions anymore? There needs to be an international union for digital workers globally. If there’s a global strike with enough, (…and enough stick together with picketing…) then these companies must negotiate. They’ll most likely feel the pressure to start treating people like human beings.. js
So much to say and so limited on here lol!!
Times were differnet
Overpopulation has caused many problems
U being easily replaceable is one of them
At that time there were 10 jobs for 12 people
Now there r 100 jobs for 250 people
So only the best survives
Or the ass kissers
Man, ive been binge watching everything youve put out! I freakin subscribed after that clown ass video. I had tears in my eyes, no bull shit. I did corporate for 4 years, never again.
Messy CEO, messy tactics..mess up people's lives..this company is a #1 mess
The CEO clearly has never been punched in the mouth.
you nailed it.
Everyone here is just glossing over the $100 million loss in the last quarter. Holy cow that is a 911 red alert emergency! CEO was probably too panicked to give the attention needed to let such a big chunk of staff go appropriately, with proper care and consideration. He would have fired them all in the same week if he could have I would think.
Yeah, the outrage seems inconsistent with his actions.
He seemed sincerely upset that his decision meant that many people lost their jobs, nor did he fob the responsibility of letting everyone know off on some other poor shmuck.
I do question the huge bonus, but if that bonus was prior to the 5-alarm Fire, then it's not really relevant.
Better.com may have committed unemployment tax fraud by reporting "laid-off" if they were really fired for poor performance/time theft.
the scam isn't about saving taxes - the reason the CEO is using these other businesses, is to funnel money from the company he's the CEO of into his own company. Basically the same strat as the CEO of wework was doing by leasing his privately owned companies to wework so regardless of how profitable the company was, the CEO was profiting to hell
Yeah you're right, as well as becoming profitable by business expensing assets that give cashflow. You can funnel but tax has to be paid if it's not expensed.
How do people learn these things unless they were born into a family of crooks? The Average American doesn't know shit about opening shell companies.
@@businesscat4435 Finance/business graduates, and people who read a bunch of finance/business books.
@@businesscat4435 I feel you debbie I feel you ❤. I ask the EXACT SAME QUESTION when I see shit like this.
@@PokeMultiverse For someone in STEM/IT this is foreign for me. I gotta take some BA courses & eventually do a MBA.
Better employees really need to unionize. This isn't the first time the company did this and it's not going to be the last.
The company was founded five years ago but it won #1 startup? How old does a company have to be to not be considered a startup anymore?
It had 9,000 employees at the time as well lmao
It doesn't want to grow up. Call it the Peter Pan of companies.
Some companies be in the “startup” phase for a long time. I did contract work recently for a “startup” that started in 2010. 🤭🙄👀🤔
When they go public i guess
@@adityaradisty5542 they haven't yet
Is it my imagination or is this guy ‘s name a perfect Super villain?
Everytime I see an article about this company I share one of your videos in the comments section
"I appreciate that your misery loves my company" -- this almost sounds like a Drake lyric.
Que beat ..."Gods plan"
LinkedIn did that first thing to spite you haha
How many leadership and cultural assessments do I need to buy a house?
I went through many of your troubled-times videos - the hard times - good times etc. I want to say "Trust Yourself". What you have been doing is right for the most part. Take care of yourself "FIRST". Trust your "Gut Feelings", your "Heart" and if mistakes are made, learn from them and keep pushing forward.
You're videos are awesome. I'm rooting for you! Keep going - one foot in the front of the other. Life is good & we are blessed!
LinkedIn is FUCKED, BRO. I think I might pull my profile for this piece of shit place and just post on the other sites. Frankly, there's no difference in performance among these sites.
BTW...could you do a vid on how to BYPASS recruiters and GO FOR A JOB YOURSELF!?!? How do you do it, bro? I really don't want to fucking deal with shitty recruiters anymore. Keep up the good work.
Great topic idea. I’ve been self-employed for years, and I had to get a full-time job during the pandemic.
I emailed hiring managers directly and got a job. Some hiring managers have a lot of say, and others, the recruiters, run the show as far as hiring.
Your approach must be authentic, valuable, and tailored to the person. You can message them on LinkedIn or send an email.
Fun fact...you don't need to use LinkedIn at all
Can’t wait for part 5 since we all know this crazy cookie has one more hurrah in his system.
You’re becoming a detective.
Let's be real, if this guy ever cried, he used 100 dollar bills to wipe up the tears....
Still sure that despite the situation there are some clouns on Li that thank Better in their posts for all the "experience" and being "like in a family".
Yes, I've seen those posts. 🥺🙄
Why are people so loyal to companies? It's ridiculous!
@@spiritqueen11 Maybe they drank the kool-aid? Everyone I knew including myself were seething mad but we wanted to appear professional so we didn’t entirely drag the company in our posts. As for me, I thanked my team because they did become my friends in real life and this experience sure has bonded us. And I did indeed gain some valuable experience and insight. You can wish someone or some entity to go to hell and still be grateful. For some of us, it wasn’t all that bad. I had very little to do with Vishal so other than his weirdness on company all hands, I didn’t have to experience his toxicity and bad leadership. Until I got the ax. Even then, I didn’t really care. I’m just annoyed that I have to job search again. Ugh. Lame.
Would you be willing to do a video about Kellogg's and their mass firing of 1400 employees because the union went on strike? Terrible working conditions at that garbage company.
Most food companies are. General Mills isn’t much better. Terrible vindictive management. Very adversarial with employees. I would never work there. I was subcontracted in. That was bad enough. At least I could say FOAD.
Damn, that guy waltzing around with 25 mil cash deposit almost makes me think he might be laundering money. That of course is not defamation of character so please don’t sue me Garg!
Another banger as to why your content is 🔥
This is true. I was in a company acquired. When they canned everyone they were not immediately let go. After that Friday they were not required to return to work for the next 60 days but were still paid with benefits. On top of that, the workers got a severance.
That's rare, shit, kinda lucky. Idk.
CEO: "I almost cried" about crushing people's lives
Also CEO: An alum of NYU, and therefore been living a gifted life on a cloud and gave himself a 25 mill bonus....
Just a side point. If not for that REGULATION the company wouldn't have paid the extra month of severance.
Shhhhhh! Of course they would! Out of the pure goodness of their hearts 💕
Heck no! We need all we can soak up in this as the working class to see how a lot of CEO’s really see their employees.
These type of people really brings down the property of humanity in human a notch.
Comment for the algo' :P
Algo algo
Up algo
Ayyy algo
Same
Response for the algo
The CEO sounds like a piece of work. I bet every employee is looking to jump ship at the first given chance.
Remember folks, Unions protect you just as much as they protect your boss from being dragged out into the street and beaten. They just forget that last part used to be a thing.
I doubt that Josh is gonna be pro union considering that he's a high value tech worker.
Unions protecting you 🤣🤣🤣
Yes because the boss ain't having private dinners with the union bosses.
Hey, you're funny, acting like the biggest corruption problem with unions is at the local level and not the fact that unions are now massive national conglomerates that take money from members by force and feed it to one political party.
Note to the workforce:
In case you haven't figured it out yet, businesses are in the business of making money. They are not in the business of providing a means to livelihoods. It doesn't matter what type of business it is. The loyalty of a business stops at the proverbial front door. When you go to work every day, make sure you understand that single most important fact. Do your job, do it to the best of your ability, and go home. Nobody there is your friend, least of all the execs or board members. So when the company does decide to make better "business decisions", you'll feel much less apprehensive about suing the crap out of them and moving on to your next potential lawsuit waiting to happen.
This channel needs more subscribers!
Liking the Corridor Crew cap!
I used a lot of this guys words when I upset my wife. I thought "I" statements was a great tool for communicating. They're not so great when you need to acknowledge the other person's pain/feelings. Instead of I'm wrong, I say "it sucks when a partner screws up." Or "the pain must be unimaginable". THEN I'm sorry. Works much better. I statements just make you think about you and your perspective. This guy thinks he's a great boss and is too self-unaware to realize he doesn't even care about his employees.
PS
Great vid. Big hello to the anonymous intern/employee.
The way I was taught, “I” statements were meant to remove blame from the other party when it came to discussing conflict. People are less likely to be defensive or combative and more likely to be receptive to feedback when it’s framed in terms of “our individual needs not being met” versus “you did something wrong”. It’s intended for conflict resolution but, yes, not when you need to acknowledge the other person’s feelings. That’s when you need to do active listening and mirror back what the other person is saying or experiencing.
E.g. a roommate is being too noisy late at night because they work odd hours and is disturbing your sleep.
“I’m not getting the sleep I need in order to wake up well rested because the noise wakes me up and prevents me from falling back asleep.”
In this way we can frame the conflict in terms of how it impacts us. Furthermore, by keeping the reference to the conflict as “the noise” rather than “your noise” we also neutralize any blame. And we’re more likely to engage in a productive conversation, leading hopefully to a mutually agreeable resolution.
Nothing is 100% trigger-proof but this is more likely to disarm someone who may otherwise feel attacked. Once someone gets on the defensive, it’s really hard to have a rational conversation. Unfortunately for me, when I get really mad, I struggle to utilize “I statements” and instead use the bad, bad, bad “you statements”.
Example: “You’re so loud at night. You always wake me up and your actions prevent me from going back to sleep.”
This just triggers people to defend their actions and arguments continue to build up and once both parties are sufficiently angry, you leave the argument having not gotten to the heart of the issue and definitely no chance of there being a solution. Even if you manage to come to a solution, you both don’t leave the conversation feeling good about yourselves so the resolution is tarnished. And one person will more than likely feel like they were coerced into the solution.
In the case of Vishal, the one-way Zoom meeting was not a discussion about a conflict he had with his employees that he needed mediation. I statements would definitely be inappropriate unless it was to say “I understand this may come as a shock to you and I understand you may need time to process this news.” But that’s not what I would consider “I statements”. That’s just showing empathy. Because the same statement could be framed without “I” in there. As in: “This may come as a shock to you and you may need time to process this news.” So, not really an “I statement” as it was unnecessary.
Sorry, I’m an HSP (highly sensitive person) with high empathy meter. Conflict resolution is my jam, despite being terrible at it in practice with my sister (the only person I really fight with the most). I like to help my friends arm themselves with communication tools to work through their relationship problems (professional and personal). Should’ve became a therapist or counselor. Oh well!
PS. Glad you figured out a better way to communicate with your wife. Empathy is huge! Acknowledging the other person’s experience is gold! Yes, this guy has zero self-awareness. Sheesh.
@@SL-lz9jr ROFL 🤣. I love how you wrote your thesis on conflict resolution in youtube comment. I saved the entire thing & read it all. I am so much like you lol.
I think when you say I statements you're referring to conditions where you're wronged or are showing empathy or admitting fault. I wonder how I statements work when you're arguing for yourself or defending your actions. Would it be better to use I statements to justify yourself or use we statements to keep it non personal. Psychology unlike physics feels less universal & more situational. What are your thoughts?
I think we share a lot in common except the sister part 😂. My sister is the person I have least conflicts with.
@@SL-lz9jr you started your comment with "I was taught". Where were you taught this? What are you studying?
What an absolute tool. Holy cow. He's not getting hired again. Hope he saved that 25 million and is content with living off that
Leadership and Cultural Assessment = The Bob’s. 😂 They are going to try and figure out a BETTER way to lay folks off next time.
And I got a LinkedIn advert right before this video!
Still getting sued. Maybe prosecuted This was wage theft and a large scale wrongful termination.
Nice Job Joshua.keeping doing great job.
You should do an end of year list called Grindreel’s Top 10 most Toxic CEOs and post it on linked in or something lol. And then put Vishal at #2 (Right under the Bliz/Activision CEO Bobby Kotic or whatever his name is).
DAMN Josh. Keep it up!! PEOPLE are WAKING UP!! We're Not Going To Take It......Anymore!
( should be your background music lol )
It feels like he's committing business assault and telling the victim "I didn't wanna do this"
As someone who does invest into companies. An easy way to get rid of investors is simply buy back their shares of the company. Some investors will not sell, but the majority will if the head of the company explains why and maybe explain what happens if they don't sell.
Like I would sell because it is a giant red flag on the leadership of the company, and if I can't kick them out. Then I need to get rid of the possible toxic investment.
Vishal didn't even type that apology email and I'm sure he didn't really want it sent out. He's sorry/not sorry.
They should rebrand to... worse.
I'll see myself out
Worser.
I know it’s not a real word.
Ok, I’ll walk down the plank for suggesting it. Lol
The linked in article was written in September 2021, before this incident
I know, so can they edit it lol
How many companies is that guy the CEO of? If he has that many jobs maybe HE needs some employee monitoring software because he's DEFINITELY not putting in a full 5 days a week at Better. He's "stealing from the company"
He gave himself a 25 million dollar bonus, he doesn't need a job, he can retire now for 5 lifetimes
While he might be an Ass, he is right suggesting the employee leave now instead of just milking the clock and delaying things. No paid employee is entitled to that time at work...and they ALL slack once they have emotionally checked out!! Nothing wrong with pushing them out the door. That aside, this dude seems shaaaady! Great research!
You are fantastic, Josh
Garg, a name that sounds like an ogre character of a game.
ok dude. That's rude.
A lot of my friends have that surname. Garg surname comes from an Indian clan, which used to be travellers and businessman. Most of them are very nice people.
@@rishabhjain7543 it would only be rude if i knew that obscure fact. Well this ceo is the only garg I know and he gives it a bad name. Sorry to your good garg friends.
@@rishabhjain7543 ok relax buddy
This is what fin tech companies have been doing. At least once a year they lay people off it’s such a sad existence people need to start their own companies
Every time I hear about better, it gets worser.
Yay! Wealthy people hire friends and family because hard work and bootstraps and avocado toast!
And they wonder why the great resignation and quiet quitting is a thing?
thanks for the research you do
Ahole CEO wrote emails like that and this sums up everything about him.
This sounds exactly like ENRON... Run away everyone who works at better... RUN!!!
Amazing work and research put into this!!! Thanks!
Ceo gets bonus around 25 million. Insane...totally insane.
After university I went back to look for my old job, (not in the US). Things had changed. No permanent employment. Only freelance. You get paid only if they use your work. But you have to show up promptly at 8am every day and work a full 8 hours. Also, no overtime in a job where going past 8 hours was common.
Yikes! That’s terrible!
My sister is a corporate lawyer
She is currently making
170k
She has 7 years experience
But she could get another job worth 200 k easily cause they want more women in such jobs
But she has rejected all offers
Coz these companies have poor work life balance bully bosses
Bad coworkers toxic competition
So she's chosen mental health over money
I looked up the Board for Better. Not sure why there was only 5 members, and I think all but one are heavily invested in Better. How can they give hard-hitting Board advice when they are heavily invested in it? It seems there is no honest advice given or accepted at Better. I contacted my broker and asked to make sure I'm not invested in this poorly run start-up. Thanks for the deep dive coverage of this mess, Joshua.
This is what happens when a particular person is granted privilege and esteem no matter how they act; and there's always one or two of these jerk offs in any office (the manager's 'pets') who are never told to behave properly, because if you do they get hurt and you get fired. Finally, they take over a company or dept completely and are still utter dog shit (no surprise).
Can you do an investigation on freedom mortgage and how they fire jusyeah but they fire just about 20% of their staff right before Christmas most every year. Yeah they schedule a meeting with the unlucky bunch then send their managers out with blue bags to collect all of their belongings packed them up and then walked them out of the building and handed them their blue bags. One year the owner Stan Middleman went out and bought a new Bentley right after the firings.
Idk why I even like this channel so much. Not to say your content isn’t good. But I’ve never been fired or involved in any of this really. But it incredibly interesting to me. Hahah.
Please investigate and make a video on MNC'S converting permanent jobs into fixed term employment by giving marketing rights to 3rd party marketing companies. This is happening after labour laws changes in India. Mostly Pharmaceutical MNC'S.
1:24 He's wiping those tears away with $1k bills.
Doesn't look like he cried or even took it seriously.
good shit josh
Even if they gave them the proper severance pay when they let those people go. The CEO got a huge HUGE bonus, he could've kept people on staff. He looks bad no matter what way they try to spin this.
"I don't know Tanya. I don't know if I would be keeping this one up" XD
Looking through the vale of companies is depressing but needed, thanks Joshua
Why oh why do investors and pe firms put up with this? He literally called them an ingrate and a thug in his email to them which you didn't even comment on, was that a fear of being demonitized? Multiple ads interrupted you, but this indepth video of yours confirms what I think about this guy's character. I think anybody who works for him at his other companies needs to take notice and give their notice. If I were an investor, I'd be pulling all of my money out.