this post was submitted on 02 Feb 2024
118 points (95.4% liked)

Technology

59708 readers
5537 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
118
Zoom is cutting about 150 jobs, or close to 2% of its workforce (www.cnbc.com)
submitted 10 months ago by L4s to c/technology
22 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] OscarRobin 41 points 10 months ago (2 children)

How the hell does Zoom have 7500 employees??

[–] eager_eagle 33 points 10 months ago

7400 are managers

[–] [email protected] 9 points 10 months ago (1 children)

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.

[–] [email protected] 1 points 10 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.