Better.com CEO Fires 900 Employees In Mass Zoom Call

Better.com CEO Fires 900 Employees In Mass Zoom Call

Assessment

Interactive Video

Business, Social Studies, Other

10th - 12th Grade

Hard

Created by

Quizizz Content

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The transcript describes a mass layoff at onebetter.com, where CEO Vishal Garg informed 900 employees of their termination via a Zoom call. The layoffs were attributed to market efficiency, performance, and productivity, despite the company recently receiving a $750 million cash infusion. The tech startup, valued at $7 billion, was labeled a 'unicorn' by Forbes.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the onebetter.com employee find out about the layoff?

Via a mass Zoom call

By a letter in the mail

Through a personal email

In a face-to-face meeting

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the mood of CEO Vishal Garg when he started the Zoom call?

Not great

Excited

Apologetic

Indifferent

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which platforms did the video of the Zoom call circulate on?

LinkedIn and Twitter

Snapchat and WhatsApp

TikTok and YouTube

Facebook and Instagram

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What reasons did Vishal Garg give for the layoffs?

Employee misconduct

Market efficiency and productivity

Company relocation

Technological advancements

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the valuation of the company as mentioned by Forbes?

$7 billion

$5 billion

$10 billion

$1 billion