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.

    • EdibleFriend@lemmy.world
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      9 months ago

      What do you expect? Didn’t their CEO say work from home is shit, people don’t get things done that way, and they all need to be in the office?

      • killeronthecorner@lemmy.world
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        9 months ago

        This is exactly what I expected. Lay offs and return to work policies are smoke and mirrors for managers trying to steady a sinking ship.

      • jopepa@lemmy.world
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        9 months ago

        In other news the CEO of Philip Morris says, “cigarettes are not cool and kill people.”

        Even if there was any truth to the benefit of a shared workspace, why would this moron advocate for it? I swear CEOs are acting like the Producers more and more every day.

    • NewNewAccount@lemmy.world
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      9 months ago

      So the company whose product helped facilitate remote work stock has returned to its pre-pandemic price? Not that surprising. Hardly on its last legs.

      • killeronthecorner@lemmy.world
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        9 months ago

        Yes the markets love stagnation. I bet the investors who bought during the pandemic are thrilled!

        Lay offs must be the start of the journey, right?