Benefits have been cut, contractors laid off, hiring freeze in place. Salaries have been frozen for a while now.
First Layoffs just happened
Just let go of a significant chunk of our global TA team. The scale was not so large, and seems to be exclusively limited to TA. This follows closure of roughly half the open headcount for the rest of the year. The layoff itself was not such a big... — read more
Layoffs, Stock Valuation and Earnings?
What do you think, will there be any layoffs?
Don't expect good news tomorrow
Things keep getting worse the more the situation with the pandemic improves. The majority of businesses (small and large) are pushing for RTO, which makes Zoom obsolete. This will be more obvious than ever during tomorrow's earnings report. I think... — read more
zoom stock will plunge
Zooms stock is over 60 times its 2028 revenues of $400 million. From zoom to boom.
Zoom is hiring fast
A lot of open positions, the company is growing quite a bit. We do not plan any layoffs in 2019 or 2018 - check out the company's careers page and you'll see 100s of positions open. Check it out...