Mortgage company lays off 900 employees during a Zoom call

The CEO of said this has been a challenging year.
Sad teleworker woman wearing mask
Photo credit Getty Images

Monday during a Zoom meeting with 900 employees, the CEO of laid off everyone on the call. Vishal Garg said the mortgage company has had a rough year, and they are making changes accordingly.

Garg released 15% of the staff in a virtual group session. He detailed the severance packages and thanked them for their work. In the below video, you can hear a woman on the receiving end who is reacting to the bad news.

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