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Zoom to layoff 15% of employees, CEO to take massive 98% pay cut

February 8, 2023 Robert Harrington

Zoom, the tech company that shot into the spotlight during the Covid-19 pandemic as many companies went remote, announced plans on Tuesday to cut 1,300 employees from its workforce.

In a message shared Tuesday with Zoom employees, CEO Eric Yuan wrote the company needs to adapt to the “uncertainty of the global economy” and “its effect on our customers.” READ MORE

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rharrington@bullseye.consulting

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