On Feb. 8, Zoom Video Communications, Inc. announced it would lay off 15% of its staff or about 1,300 employees. On Feb. 6, the computer company Dell announced it would lay off 5% of its staff or ...

Virtual layoffs seemed normal during the pandemic, but companies continue to take this route despite switching to a hybrid ...

The data show that 2023 has surpassed 2022 for global tech redundancies, with 718 tech companies laying off 200,039 employees ...

The head of an online mortgage company has apologized to remaining employees for laying off 900 former workers in a mass Zoom call. “I own the decision to do the layoffs, but in communicating it ...

In 2023, layoffs have yet again cost tens of thousands ... Microsoft, Yahoo, Meta and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS.

Zoom became a hypergrowth stock during the pandemic as people flocked to its video conferencing platform to attend online ...

this round of layoffs encapsulated how Meta's been changing, the employee said. "I woke up in the morning, saw the email, and my manager reached out to me — but refused to get on a Zoom call ...

In February 2023, that decline prompted Zoom to lay off around 1,300 employees, approximately 15% of its global workforce.

The tech industry is known for its innovation, rapid growth, and lucrative opportunities. Layoffs, unfortunately, have become ...

Silicon Valley Bank employees had been hearing layoff rumors for weeks. When the pink slips actually hit yesterday, it was ...

Meta's latest round of layoffs are part of an initiative that has been cheered by investors, but left some former employees ...

Zoom's near-term growth rates seem anemic, but it's stabilizing its margins with aggressive cost-cutting measures -- including layoffs for approximately 15% of its employees earlier this year.