Zoom is laying off 1,300 of its employees, or 15%, of its staff, becoming the latest technology company to trim its workforce as it adjusts following a pandemic-fueled growth spurt
As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first. Illustration: Adele MorganZoom Video Communications Inc.
across finance and tech to take pay cuts this year. He made just over $300,000 in salary for the fiscal year ended Jan. 31, 2022, and about $13,000 as part of a non-equity bonus plan.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Zoom is laying off 1,300 employees, around 15 percent of its workforceA deeper cut than other recent tech layoffs
Weiterlesen »
San Jose-based Zoom Video to cut 1,300 jobs, or 15% of global workforceThe reductions are a bigger share of the workforce than cuts announced at enterprise software companies including Salesforce Inc., Microsoft Corp. and Workday Inc.
Weiterlesen »
Zoom to cut 15% of staff as tech layoffs continue, execs cut own pay; stock jumpsZoom Video Communications Inc. plans to lay off 1,300 workers, cutting its staff by 15%, Chief Executive Eric Yuan announced Tuesday. In a blog post, Yuan...
Weiterlesen »
Zoom’s stock jumps on news that company will lay off 15% of staff and cut executive payCEO Eric Yuan will cut his own pay by 98% as company lays off 1,300 workers.
Weiterlesen »
Making a 'lay off protection plan' - KRLD NewsLast Friday, the business world was caught off guard by an outstanding report on job creation. 517,000 new jobs were spawned in January, far outpacing predictions. Still, tech companies are laying off employees by the hundreds. And some economists are predicting a recession. So if you're fortunate enough to have a job, CBS News money analyst Jill Schlesinger recommends making a 'Lay Off Protection Plan.' KRLD's John Liddle got the details from Jill. Image courtesy of Getty Images
Weiterlesen »
Dell to lay off 6,650 workers, or 5% of its workforceDell on Monday announced plans to lay off more than 6,650 employees, or about 5% of its workforce.
Weiterlesen »