{"id":1242553,"date":"2023-02-09T10:13:32","date_gmt":"2023-02-09T04:43:32","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1242553"},"modified":"2023-02-09T10:14:04","modified_gmt":"2023-02-09T04:44:04","slug":"one-single-email-fires-1300-zoom-employees-in-30-minutes-15-workforce-axed-to-save-money","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/one-single-email-fires-1300-zoom-employees-in-30-minutes-15-workforce-axed-to-save-money\/","title":{"rendered":"One Single Email Fires 1300 Zoom Employees In 30 Minutes: 15% Workforce Axed To Save Money"},"content":{"rendered":"\n<p>Adding to the list of companies that will <a href=\"https:\/\/www.ndtv.com\/world-news\/email-in-next-30-minutes-in-your-inbox-zoom-ceo-eric-yuan-announces-1-300-job-cuts-3762554\">fire<\/a> its employees is now the American communications technology company Zoom.<\/p>\n\n\n\n<p>The San Jose-based tech giant has been reported to fire an estimated 1,300 employees from its workforce which is a 15% cut from its global employee work pool.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/02\/Untitled-design-7-1280x720-1-1024x576.jpeg\" alt=\"One Single Email Fires 1300 Zoom Employees In 30 Minutes: 15% Workforce Axed To Save Money\" class=\"wp-image-1242563\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/02\/Untitled-design-7-1280x720-1-1024x576.jpeg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/02\/Untitled-design-7-1280x720-1-300x169.jpeg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/02\/Untitled-design-7-1280x720-1-768x432.jpeg 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/02\/Untitled-design-7-1280x720-1.jpeg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>While the winters are receding and nearing an end, the winter lay-off season of tech biggies across the globe does not seem to recede anytime soon.<\/p>\n\n\n\n<p>Eric Yuan, the chief executive of Zoom said in the latest official blog that the affected employees will be given company\u2019s benefits, including a salary of up to 16 months, along with healthcare coverage and restricted stock units, among others.<\/p>\n\n\n\n<p>Yuan has called the affected employees as \u2018hard-working and talented colleagues.<\/p>\n\n\n\n<p>&#8220;If you are a US-based employee who is impacted, you will receive an email to your Zoom and personal inboxes in the next 30 minutes that reads [IMPACTED] Departing Zoom: What You Need to Know. Non-US employees will be notified following local requirements,&#8221; said Yuan.<\/p>\n\n\n\n<p>Support for &#8216;Zoomies&#8217; outside the US will be similar and will take into account local laws, he added.<\/p>\n\n\n\n<p>&#8220;We built Zoom to remove the friction that businesses felt when collaborating. Our trajectory was forever changed during the pandemic when the world faced one of its toughest challenges, and I am proud of the way we mobilized as a company to keep people connected,\u201d said the chief executive.<\/p>\n\n\n\n<p>To make this possible, the company is in dire need of staffing up soon for supporting the quick rise of users on the company\u2019s platform and their evolving needs.&nbsp;<\/p>\n\n\n\n<p>\u201cWithin 24 months, Zoom grew 3x in size to manage this demand while enabling continued innovation,&#8221; added Yuan.<\/p>\n\n\n\n<p>Laid-off Zoom employees in the US will be given:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Not more than 16 weeks&#8217; salary,<\/li>\n\n\n\n<li>healthcare coverage, and&nbsp;<\/li>\n\n\n\n<li>payment of earned fiscal 2023 annual bonus based on company performance.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Adding to the list of companies that will fire its employees is now the American communications technology company Zoom. The San Jose-based tech giant has been reported to fire an estimated 1,300 employees from its workforce which is a 15% cut from its global employee work pool. While the winters are receding and nearing an [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":1242563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[791,792],"class_list":["post-1242553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-zoom","tag-zoom-layoffs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>One Single Email Fires 1300 Zoom Employees In 30 Minutes: 15% Workforce Axed To Save Money - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/one-single-email-fires-1300-zoom-employees-in-30-minutes-15-workforce-axed-to-save-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One Single Email Fires 1300 Zoom Employees In 30 Minutes: 15% Workforce Axed To Save Money - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"Adding to the list of companies that will fire its employees is now the American communications technology company Zoom. 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