Zoom Announced This Week The Layoff Of 1,300 Employees, Which Represents About 15% Of Its Entire Workforce

Written by Bruno Teles

Published on 08/02/2023 at 16:00

Updated on 19/03/2023 at 21:41

Zoom – Loggi – Demissão (Foto/divulgação)

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The Company Zoom, Which Develops Video Conferencing Software, Announced on Tuesday, February 7, the Layoff of 1,300 Employees, Which Represents 15% of Its Workforce. Additionally, the Base Salary of the Company’s Executives Will Be Reduced by 20%.

The Company Is Adapting to Slower Growth in the Post-Pandemic Market, Where Meetings and Professional Gatherings Occur in Person. To Assist in This Transition, a Measure Was Established So That Businesses Can Adjust to the New Reality.

The Company Stated, “Although We Have Worked Tirelessly, We Made Mistakes by Not Dedifying the Necessary Time to Thoroughly Analyze Our Teams and Evaluate Whether We Are Growing in a Responsible and Sustainable Manner, Focusing on the Greatest Priorities.”

Zoom to Lay Off 1,300 Employees and Cut Salaries | CNN Vision

Via CNN Brazil Business

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Zoom Security

Since the Beginning of the Covid-19 Pandemic, Many People Began Working Remotely. Zoom, a Widely Used Video Conferencing Platform, Has Been Accused of Failing to Protect Its Customers’ Data, as It Allegedly Was Spied On by the Communist Party of China.

However, This Raised Concerns Among Users and Led International Outlets to Question Whether This Relationship Could Harm People.

Zoom Aims to Reduce Costs by Hiring Over 700 Professionals in Its Research and Development Department in China. The Company Believes This Will Enable It to Increase Its Competitiveness in the Market and Offer Cheaper Services to Its Customers.

Loggi, a Logistics Brand, Made Cuts to Its Team for the Second Time. The Decision Came at a Time When the Company Reported Growth of Over 50% Last Year

The Mass Layoffs Were Necessary to Ensure That Loggi Can Continue to Provide High-Quality Services and Expand Its Service Portfolio. With These Measures, Loggi Hopes to Maintain Its Expansion Pace and Solidify Its Presence in the Logistics Market.

On Monday (6), the Logistics Startup Loggi Announced a 7% Reduction in Its Workforce, Resulting in the Dismissal of 300 People. This Measure Is Part of a Set of Actions Taken to Increase Operational Efficiency and Ensure Focus on Strategic Initiatives, Thus Maintaining Business Sustainability. Loggi Has Approximately 3,500 Employees.

In August Last Year, the Unicorn Startup Faced Challenges and Made the Difficult Decision to Lay Off 15% of Its Employees. The Company Stated It Was Preparing for a Challenging Year. Additionally, It Was Recently Announced That the Company Maintained Its Long-Term Planning for Sustainable Growth, with Increases of 50% Between 2021 and 2022.

For Employees Affected by This Change, Loggi Offers a Benefits Package, Including Financial Help to Enroll in a Health Plan and Support to Find a New Job Opportunity.

Zoom Announced This Week The Layoff Of 1,300 Employees, Which Represents About 15% Of Its Entire Workforce

The Company Zoom, Which Develops Video Conferencing Software, Announced on Tuesday, February 7, the Layoff of 1,300 Employees, Which Represents 15% of Its Workforce. Additionally, the Base Salary of the Company’s Executives Will Be Reduced by 20%.

Zoom to Lay Off 1,300 Employees and Cut Salaries | CNN Vision

Zoom Security

Loggi, a Logistics Brand, Made Cuts to Its Team for the Second Time. The Decision Came at a Time When the Company Reported Growth of Over 50% Last Year

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In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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Google’s new super submarine cable project was suddenly halted on Christmas Island, and the reason drew attention: 120 million red crabs made their way to the sea and forced the operation to stop mid-schedule.

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Zoom Announced This Week The Layoff Of 1,300 Employees, Which Represents About 15% Of Its Entire Workforce

The Company Zoom, Which Develops Video Conferencing Software, Announced on Tuesday, February 7, the Layoff of 1,300 Employees, Which Represents 15% of Its Workforce. Additionally, the Base Salary of the Company’s Executives Will Be Reduced by 20%.

Zoom to Lay Off 1,300 Employees and Cut Salaries | CNN Vision

Zoom Security

Loggi, a Logistics Brand, Made Cuts to Its Team for the Second Time. The Decision Came at a Time When the Company Reported Growth of Over 50% Last Year

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Supermarkets like Assaí, Carrefour, and Atacadão now need to adapt to new requirements in 2026 that promise to change shopping in Brazil.

A Brazilian municipality relies on 97% federal money, has 14 secretariats, 11 councilors, and a budget of R$ 131 million, but only 915 people are formally employed, and no one knows how the other 25,000 live.

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Giant refrigerator arrives in Ceará with a new factory to slaughter 1,000 cattle per day and promises to shake up the livestock industry in the state.

It surpassed the T-Cross, the Tera, and the BYD Song: with nearly 4,000 units sold, the Hyundai Creta is the best-selling SUV in the first half of April.

Google’s new super submarine cable project was suddenly halted on Christmas Island, and the reason drew attention: 120 million red crabs made their way to the sea and forced the operation to stop mid-schedule.

Supermarkets like Assaí, Carrefour, and Atacadão now need to adapt to new requirements in 2026 that promise to change shopping in Brazil.

China tests “flying truck” HH-200 with a 1.5-ton payload and a range of 2,360 km, debuting its bet on autonomous air logistics and showing that the country is already pursuing the transportation of the future.

A NASA photo shows Mars covered in ash in a surprising advance, revealing impact marks, ice, and volcanism, and reinforces that the planet was born from an extraordinary geological violence.