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Zoom to lay off 1,300 employees, or about 15% of its workforce - TL;DR CNBC

Zoom to lay off 1,300 employees, or about 15% of its workforce

Publishing timestamp: 2023-02-07 12:46:19


Summary

Zoom announced plans to cut 15% of its workforce, CEO Eric Yuan is reducing his salary by 98% and foregoing his 2023 corporate bonus. This is the latest round of job cuts in the tech industry, with Dell, Google, Microsoft, and Salesforce all announcing layoffs.


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Keywords: zoom video communications incinternetdell technologies incenterprisebusiness newsbreaking news: technology

Source: https://www.cnbc.com/2023/02/07/zoom-to-lay-off-1300-employees-or-about-15percent-of-its-workforce.html


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