Brief by Shorts91 Newsdesk / 06:07pm on 15 Aug 2026,Saturday India Global
Indian-origin CEO Vishal Garg, who became infamous for firing about 900 employees on a Zoom call in 2021, has been removed from Better Home & Finance. Garg was ousted as CEO on August 3, with hedge fund manager Daniel Lewis taking over. Garg claims Lewis gained his trust before helping remove him from the company. Better once had a valuation of around $8 billion, but its value has since fallen to about $300 million. Garg says the company was nearing a turnaround using AI and new partnerships. He is now seeking to return as CEO and has hired lawyer Alex Spiro.