Zoom to cut staff by 15 percent

By Agence France-Presse

Feb 09, 2023 12:08 am

SAN FRANCISCO, California: The company behind the Zoom videoconferencing platform — which became a household name during the pandemic — announced Tuesday it is laying off about 15 percent of its staff.

Zoom Video Communications Chief Executive Officer Eric Yuan is also taking a 98-percent cut in salary this year and forgoing his executive bonus, he said in a blog post about the job cuts.

REDUCTION A photo of Zoom headquarters in San Jose, California. Zoom Video Communications announced plans to cut 15 percent of its workforce. AFP PHOTO

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