Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Zoom Cuts 150 Jobs In Mass Company ‘Rescoping’

rmtsa by rmtsa
February 4, 2024
in DramaAlert
0
Zoom Cuts 150 Jobs In Mass Company ‘Rescoping’
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Louisiana Descendants Foundation And Jesuits Talk Reparations

Family’s ‘Shock and Horror’ After Son’s Body at Funeral Infested with ‘Moving and Visible Maggots’: Suit

Kyle MacLachlan “Would Love” To Reprise Trey On ‘And Just Like That’

Zoom, layoffs, videoconferencing

by Mary Spiller

February 3, 2024

The company explained to media outlets that it wants to shift to focus more on future growth in Artificial Intelligence, sales, and products.

Videoconferencing company Zoom has announced that it’s cutting 150 different jobs this year to refocus on a new company direction.

Zoom Video Communications will be eliminating nearly 200 jobs in order to narrow its scope on future division growth in Artificial Intelligence and product sales. According to a report published by Bloomberg on Feb. 1, Zoom’s sharp decline in users with the end of the COVID-19 pandemic.

Although it clocked in as having millions of users while businesses were forced to go remote during the height of the pandemic, it has lost popularity as workers consistently return to the office full-time or even to a part-time hybrid business model.

A spokesperson from Zoom told CRN more about the business cuts. They said, “We regularly evaluate our teams to ensure alignment with our strategy. As part of this effort, we are rescoping roles to add capabilities and continue to hire in critical areas for the future.”

The new structure of Zoom as a whole will include more hires in AI, products, and sales team roles this year, but it will cut 150 other jobs to make room for the reconfiguration. 

According to the outlet, the layoffs will account for “less than 2 percent” of the company’s total workforce. 

Jobs that have come under fire by the job cuts include integrated marketing and webinar program managers. Departments included in the functioning of their online video base sales have also been speculated to have been impacted, according to Zoom employees on LinkedIn confirming their shrinking departments. 

This is not the first time the company has undergone a massive downsizing. Around this same time in 2023, Zoom reportedly “cut around 1,300 workers or about 15 percent of its workforce.” 

Zoom’s CEO, Eric Yuan, even claimed that he would have to reduce his 2023 salary by 98 percent from the COVID-19 pandemic and that many workers would no longer receive corporate bonuses.

RELATED CONTENT: A Surprising Amount Of Black Americans Declare Return To Office Has Boosted Productivity



Source link

Tags: CompanyCutsjobsMassRescopingZoom
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Louisiana Descendants Foundation And Jesuits Talk Reparations

by rmtsa
June 30, 2025
0
Louisiana Descendants Foundation And Jesuits Talk Reparations

by Daniel Johnson June 30, 2025 The Jesuits’ ties to chattel slavery in the U.S. and beyond have gained more attention recently. In Baton Rouge, Louisiana, The Descendants...

Read more

Family’s ‘Shock and Horror’ After Son’s Body at Funeral Infested with ‘Moving and Visible Maggots’: Suit

by rmtsa
June 30, 2025
0
Family’s ‘Shock and Horror’ After Son’s Body at Funeral Infested with ‘Moving and Visible Maggots’: Suit

The son's mother, who lost him to a car accident, claims she was told after seeing his condition by employees of the funeral home, "Don't you make a...

Read more

Kyle MacLachlan “Would Love” To Reprise Trey On ‘And Just Like That’

by rmtsa
June 30, 2025
0
Kyle MacLachlan “Would Love” To Reprise Trey On ‘And Just Like That’

Three seasons into And Just Like That…, one beloved Sex and the City character has yet to make a return, despite the show’s best efforts. Kyle MacLachlan recently...

Read more

Captain Kirk would be ‘appalled’ at state of Earth’s decline, William Shatner says – National

by rmtsa
June 30, 2025
0
Captain Kirk would be ‘appalled’ at state of Earth’s decline, William Shatner says – National

Captain James T. Kirk would be appalled at the rapid acceleration of climate change on Earth, says William Shatner, the Montreal-born actor who played the head of the...

Read more

Lauren Sánchez is marrying Jeff Bezos. She’s also a helicopter pilot, film producer and author.

by rmtsa
June 29, 2025
0
Lauren Sánchez is marrying Jeff Bezos. She’s also a helicopter pilot, film producer and author.

It’s the wedding of the year — and she’s the bride. Lauren Sánchez, a former journalist, is set to marry Amazon founder Jeff Bezos in a wedding ceremony...

Read more
Next Post
Paul Giamatti Through the Years: ‘The Holdovers’ and More

Paul Giamatti Through the Years: ‘The Holdovers’ and More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Girlfriends Cast Reunites For Tracee Ellis Ross’ Pattern Beauty
  • Louisiana Descendants Foundation And Jesuits Talk Reparations
  • 20 Years of Hype: How Small Moments Shaped James Hype's Global Career

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In