Springfield, MO

Log in Subscribe CEO lays off 900 on Zoom call

Posted online

Vishal Garg, CEO of digital mortgage company, laid off around 900 employees through Zoom.

"The market has changed, as you know, and we have to move with it in order to survive," he said in the video that's been shared on social media.

The layoffs amount to roughly 9% of the company's workforce.

Read more from Fox Business.


No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Tabak Co.

A pair of military veterans with an interest in cigars opened Tabak Co. LLC; CoxHealth’s first “super clinic” in Springfield opened; and Quarters Arcade & Boba Bar got its start in Ozark.

Most Read