 15% of Staff Lay Off from Zoom Video App

CEO Eric Yuan said he would cut his pay by 98%.

Publish By: Kewin source images : GettyImages

[{"selector":"#anim-6ab4faf4-7c48-4578-8603-f3a30926765f","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d18ad65a-4278-433b-8efe-5ab5047e5e7e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0980c44d-97a0-428d-a0a6-606fc71f6910","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-a648d446-2000-4793-ab3a-9cb7a83684af [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] As interest in its administrations eased back because of the disappearing pandemic, Zoom. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-178507d3-74a6-4dae-818c-31fa9b13baf6","keyframes":{"transform":["translate3d(124.99999%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d89b3994-0036-4370-9401-6b8c4e7f4d66","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9eb6e48a-b564-4c35-951b-4c6067bec6a2","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-b07eb70d-48b5-4408-b73d-6e146b864cee [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Reported Tuesday that it would lay off around 1.3K workers. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-8e219a5c-477c-48e4-a712-df9e7b55afc5","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ade9a550-5dd8-400c-8ca9-c40f7aa1ef25","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a8f866de-d08e-4a6e-ab85-c6ff657ca809","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-1d52ca36-c460-4823-a570-f4a70f7b1b00 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] or generally 15% of its Staff, and cause about $50M to $68M in charges. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-5557ee81-1961-49ae-b780-e5f7e2951293","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0d69a436-e07e-452e-bd31-270efbfe33f6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16adba50-5573-4057-95ff-796ff3b1da2e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-5b079134-3e70-4bfa-af12-aebbf4dddcaf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Eric Yuan said he would cut his compensation by 98% and forego his 2023 reward. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-be313603-5e75-4a7a-b18e-152d38bb332c","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a87efa49-5ceb-4ec8-95a5-627c524cad80","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42194cfd-e06c-49f1-a00e-39640b142f18","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-2a4c4dd5-3399-471e-b44b-e9b4f4e42308 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] While significantly increasing its size in two years to satisfy a pandemic need. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-a3b05c4a-1b8b-48b9-8028-69005f48a5fa","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9af96e69-359d-4d1f-8e2f-1d1f61794f80","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f653cad1-7e69-4d27-b1b5-3731ba208396","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-ac8517ad-6819-4225-af4d-56a2d607e419 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The organization needed to determine whether that development was supportable. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-2085dfee-d62c-40ed-848b-adf8c611b60a","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0cbb3fc-add2-4263-b487-e3349210ff0f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-750196ea-5edc-4c24-a8cd-3769415b66a0","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-b368dcb7-e5b2-4ac3-927d-9d9887f681cc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Yuan said that cutting back would influence each association in the organization. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-700caf3d-5ed1-43ca-a84a-a53f3982221f","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3b5ec053-8279-48e7-a112-d35daec07509","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5adba7d8-46e1-42ee-b3b4-e56ce4d7c429","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-895b3721-e1a5-4146-912e-3f07574b829c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The people off would with about four months of compensation and medical care. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-439b3371-063a-476f-821e-6f42d3809a9a","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1cb405a7-377e-4688-b1a6-08c0215a3ac6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e0d3a64-423a-4635-8c78-666a5f57a594","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-82861408-e4bf-4235-b6b7-91a03111e642 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Additionally, note that the organization had "worked energetically" yet that "we likewise committed errors. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-b28dac9f-4efc-463b-b4cf-a1f2b572a6a8","keyframes":{"transform":["translate3d(120.89040%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7dff947c-26da-4876-99cc-6a32dd949e89","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0a308c0e-8063-46d4-ba3c-e97821746407","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-a5b2e19f-7cbc-4f0c-acd3-f38f3063ebfa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Other Zoom leaders will likewise take a 20% compensation cut and forego their monetary 2023 rewards. Publish By: Kewin source images : GettyImages

[{"selector":"#anim-6679e0be-53f5-474d-bd5f-e6788f7fc3c0","keyframes":{"transform":["translate3d(116.78082%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4cfb1df9-1ed0-407e-834a-2cf5646e033a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-846f0af3-6184-4bc9-b15f-ed1499aa55d3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-9db5c53c-0249-43ce-a640-7fa07e018d50 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Hope You Like story get more stories check Below. Publish By: Kewin source images : GettyImages Learn more