Zoom, which has become one of the most important companies in the field of video calls, especially popular with the pandemic, announced that it will make a mass dismissal.
We told you last January that Microsoft will lay off 10 thousand employees by the end of March . Mass layoffs of important companies in the technology and internet world continue at full speed. Zoom, which has become one of the most important companies in the field of video calls, especially popular with the pandemic, announced that it will make a mass dismissal.
Sharing on its official website, Zoom announced that it will lay off 1300 employees. Let ‘s also add that the 1300 employees who will be laid off correspond to 15 percent of Zoom’s total workforce . Making statements on the subject, Zoom CEO Eric Yuan stated that the uncertainty of the global economy and the impact of this uncertainty on their customers caused them to take a difficult but important step.
Sharing that he took full responsibility for the layoffs, Yuan shared that his own salary will decrease by 98 percent and that of the management staff by 20 percent in the next quarter . Let’s add that Zoom employees fired in the USA will receive up to 16 weeks of salary, health insurance and bonuses from last year .
Zoom, which emerged as one of the companies that grew the most with the pandemic, grew approximately 3 times in the first two years of the pandemic . Zoom’s growth, which experienced 3-digit growth for 5 financial quarters, slowed down with the decrease of the effects of the pandemic.
Let’s also share that according to the information shared last November, Zoom earned $ 1.1 billion in revenue , with an increase of 5 percent compared to the previous year . Mass layoffs in the tech sector continue. To remind you, we shared with you that important companies such as Amazon, Alphabet, Microsoft, Dell and Spotify have made mass layoffs in the past. We will continue to keep you informed of developments on the subject.