The company has also chosen to reduce the base salary of its senior executives by 20%. Zoom Video Communications announced this Tuesday, February 7, that it will cut 15% of its workforce, about 1,300 jobs. In addition, it will reduce the base salary of its high-ranking executives due to a slowdown in demand for its […]
Tag: Zoom
USA: CEO who laid off 900 workers via Zoom apologizes for “communication error”
Updated on 12/08/2021 02:40 pm A US company specializing in mortgage loans last Wednesday laid off more than 900 of its employees, about 9% of the workforce, through a Zoom videoconference. Following the backlash against the company called Better, CEO Vishal Garg sent an internal letter, apologizing for the way it handled the layoffs. In […]