Zoom is laying off 1,300 employees, CEO taking 98 percent pay cut
Zoom is laying off approximately 1,300 employees, reducing its workforce by around 15 percent. It's the latest company to be hit by widespread Big Tech layoffs, joining a slew of others such as Microsoft, Amazon, Meta, and PayPal.
The mass layoff was announced in a blog post from Zoom founder and CEO Eric Yuan on Tuesday, who...
