Zoom is cutting about 150 jobs, or close to 2% of its workforce
cnbc.com
Zoom is cutting about 150 jobs, or close to 2% of its workforce::Zoom on Thursday confirmed that it's cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
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How the hell does Zoom have 7500 employees??
7400 are managers
I know some of them/some ex ones. When COVID hit they became a household name where everyone and their grandma knew about them and they thought they would become the next Google. Hired like crazy, employees with old stock grants were millionaires for a while (didn't last) and then the hype died down and everyone realized they could do the same thing for free through one of the various other tech platforms.
So I hop around jobs and only my first job, during the Covid times, used Zoom. All three jobs since then has used Teams.