Zoom and gloom: vid-chat biz sheds 15 percent of staff – by email
Video chat outfit Zoom has"made the tough but necessary decision to reduce our team by approximately 15 percent and say goodbye to around 1,300 hardworking, talented colleagues" – and communicated it in an email.
The quote comes from the email CEO Eric Yuan on Tuesday sent to"Zoomies" – the firm's term for its staff. Thewas also posted online and includes Yuan's admission that"We know that getting this news by email is not ideal." "We built Zoom to remove the friction that businesses felt when collaborating," Yuan wrote, adding:"Our trajectory was forever changed during the pandemic when the world faced one of its toughest challenges, and … we mobilized as a company to keep people connected."
"To make this possible, we needed to staff up rapidly to support the quick rise of users on our platform and their evolving needs. Within 24 months, Zoom grew 3x in size to manage this demand while enabling continued innovation.""We didn't take as much time as we should have to thoroughly analyze our teams or assess if we were growing sustainably, toward the highest priorities," Yuan wrote.
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