Wednesday, February 8, 2023

Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand

Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.

from Gadgets 360
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Xiaomi Mix Flip 2 Confirmed to Launch Later This Month With Leica-Branded Cameras

Xiaomi has started teasing the Xiaomi Mix Flip 2 in China and the foldable is confirmed to debut later this month. The upcoming clamshell fo...