In December, I originally wrote my commentary on the “Employees Fired on Zoom”…well now, it seems that upon Vishal Garg’s return, some of the execs have politely and professionally gave their resignations.
There was a quote that he made in the New York Times February 4, 2022 article that read “I own the decision to do the layoffs, but in communicating it I blundered the execution. In doing so, I embarrassed you.”
He thinks he embarrassed them? In my humble opinion, he embarrassed himself, and he is paying for it now by his staff jumping ship. The statement above still shows his insensitivity to the economic vulnerability to others, as well as , he just could have handled the situation better than he did. He still did not apologize to those he made the callous statement about. Internal matters should be handled in house.
The best thing for Vishal Garg to do is to think real hard about how he is going to rebuild his reputation, not only in the business world, but with consumers who would have, prior to this incident, done business with him. The thing that we should always remember, no matter where we go is…..REPUTATION IS EVERYTHING and EGO will break you down until you have NOTHING!!!
The lesson I learned here is to always be good to people, because the same people you laugh at going up, will be the same ones you see on your downfall. I don’t wish ill-will or intent, it just serves a learning opportunity to discuss as a matter of ethics.