You're working in your home office when you get a video conference invite from your company's chief executive. You jump on with 900 colleagues, only to learn you don't have a job anymore.
Not tomorrow, not next week — as of this call, you're unemployed.
That's what 9 per cent of the workforce at US mortgage company Better.com experienced in a call with chief executive Vishal Garg last week.
Video of the workers' summary dismissal has gone viral on TikTok and YouTube, but experts say it could not have happened in Australia.
The call opens with Mr Garg telling the digital gathering he has "not great news" to share.
"This isn't news that you're going to want to hear but ultimately, it was my decision, and I wanted you to hear it from me," he says.
He outlines how he cried last time he decided to sack staff but "hopes to be stronger" this time before breaking the bad news.
Mr Garg gives market conditions, efficiency, staff performance and productivity as reasons for his decision, going on to outline the severance benefits afforded to each employee.
Better.com is a mortgage company that describes itself as "using technology to make [mortgage services] faster and more efficient, and humans to help make it friendly and enjoyable".
It announced plans to go public earlier this year and gave a post-deal valuation at the time of $US7.7 billion...
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https://www.abc.net.au/news/2021-12-07/boss-fires-900-employees-over-zoom-jus...