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Zoom is cutting about 150 jobs, or close to 2% of its workforce (www.cnbc.com)

submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] OscarRobin@lemmy.world 41 points 7 months ago

How the hell does Zoom have 7500 employees??

[-] eager_eagle@lemmy.world 33 points 7 months ago

7400 are managers

[-] Obi@sopuli.xyz 9 points 7 months ago

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.

[-] SuperSaiyanSwag@lemmy.zip 1 points 7 months ago

So I hop around jobs and only my first job, during the Covid times, used Zoom. All three jobs since then has used Teams.

this post was submitted on 02 Feb 2024

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