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Zoom is cutting about 150 jobs, or close to 2% of its workforce
Zoom on Thursday confirmed that it's cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
Zoom is cutting about 150 jobs, CNBC confirmed on Thursday, the latest tech company to slash headcount this year as investors continue to push for efficiency. In addition to Zoom, cloud software vendor Okta announced a downsizing on Thursday, telling employees that it's laying off 400 staffers, or about 7% of its workforce. Zoom exploded in popularity at the start of the Covid-19 pandemic as workers turned to the video-conferencing platform to stay in touch with colleagues, friends and family.
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