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%.

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 

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.