If RTO is being used to get rid of people, does that mean the rest of us are safe from layoffs?
What are the possible consequences if we refuse to RTO?
What bunch of !diot managers are running this place?! There is literally NO benefit for sales to be in the office. NONE. A 50 mile radius is easily a 3hr addition to the work day based on nearly every location where Zoom holds... — read more
Pretty obvious that Zoom is going to be sold in the near future. Will it be within 6 months? 12 months? 18 months? Seems that AWS, Cisco, outside shot of Google? Most likely a private equity? Any upper, upper management on here that care to... — read more
We're coming full circle on LinkedIn going from "I lost my job but I love Zoom and EY" to "I feel guilty I still have a job" (please...really???) to "I've landed!". Good for you my former teammates!! Interesting that either Zoom employees do not... — read more
I worked at a midsized tech company and a bunch of people there fled to Zoom. At the time it was a Covid stock and valuation hit $80 billion. These things were led to believe the CEO was the most caring and company had the best culture. We now know... — read more
I’m noticing recruiters, CSMs, online AEs, Acquisition AEs, channel managers, BDRs, SDRs, and IT. Seems like a wide variety. If you know who else was hit hard in this round, please share here. It would be good to know how widespread these layoffs... — read more
I will not be here to welcome it. I think others should also consider leaving while there are still available jobs unless severance means so much to you that you'd be willing to risk being jobless for who knows how long over it. Layoffs in tech are... — read more
I haven't heard anything new today, does that mean that everybody who was on the list got their call yesterday?
What positions were most effected and what was the separation pay? Will there be a second round?
I know most of you don't want to hear or accept this, but Zoom has too many employees. I wouldn't be surprised if this is just the first of many rounds until we drop down to a proper level (anything above 2k is too many). We need to go down to... — read more
1,300 people to be laid off. Percentage-wise, this is more than any of the big tech companies. I guess the golden age of Zoom went away with the pandemic and now is the time to return to Earth. I'm betting you this is just the beginning and we'll be... — read more
Zoom Video Communications Inc. (ZM)plans to lay off 1,300 workers, cutting its staff by 15%, Chief Executive Eric Yuan announced Tuesday. In a blog post, Yuan noted that he had tripled Zoom's workforce during the pandemic, and "made mistakes." "We... — read more
Very sad ...
Benefits have been cut, contractors laid off, hiring freeze in place. Salaries have been frozen for a while now.
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
What do you think, will there be any layoffs?
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
Zooms stock is over 60 times its 2028 revenues of $400 million. From zoom to boom.
I hate that we're having layoffs as much as everybody else, but I also want to give credit where credit is due. This is more than 95% percent of CEOs and leadership teams have done during the latest slew of layoffs in the tech field: "To that end... — read more
So R..n A..s is moved to an "advisory" role and G...m G....s takes his slot, G..g T..b is gone, D...d R......o is gone, sales leaders moved into segments they've never sold into before, phone reps are now contact center reps and AE's, numerous... — read more
At least in the US and EU, anyway. The product alone just isn't good enough. Meetings is good, but everything else is "meh" at best, and hot garbage at worst. I don't see many companies electing to dump MS or Google email to move to Zoom unless... — read more
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...