Tuesday, February 7, 2023

Zoom will lay off 1,300 employees and CEO is taking a massive pay cut - CNN

Zoom will lay off 1,300 employees and CEO is taking a massive pay cut - CNN

Zoom will lay off 1,300 employees and CEO is taking a massive pay cut

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(CNN) Zoom on Tuesday said it will lay off about 1,300 employees, or approximately 15% of its staff, becoming the latest tech company to announce significant job cuts as a pandemic-fueled surge in demand for digital services wanes.

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