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Wire · operational-macro

CEO who fired 900 workers on Zoom is fighting to take his job back

Published

15 August 2026

Topic

operational-macro

Sectors

Fintech

Geography

United States

Source

Read at americanbazaaronline.com

Verified

Fusion42 · 15 August 2026 · Fusion42 review

Vishal Garg, former CEO of Better Home & Finance who dismissed 900 employees on Zoom in 2021, is fighting to regain control of the mortgage company after being ousted by the board amid falling revenues and controversies. He claims the company was starting to recover through AI-driven mortgage processing and partnerships, and has the backing of investors to challenge the board and return as CEO.

This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 15 Aug 2026 and 17 Aug 2026.

◆ The Wire takeaway

You need to watch founder fights for control as they reshape fintech company trajectories and signal governance risks. This dispute reveals investor appetite to back turnaround bets even with controversial leadership histories.

Coverage

3 sources · first reported 15 Aug 2026 · latest 17 Aug 2026

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Topics

Fintechfounder-controlmortgage-techlayoffs-legacyboardroom-conflictai-productivity