Topics regarding layoffs at Zoom

Topics regarding layoffs at Zoom

Q4 Layoffs

More cuts are coming in Q4 - just mark my words. My gut feeling only.

Are bonuses happening

With no adjustment for inflation and lack of bonus payment in the last year, I don’t quite understand how Zoom continues to not pay employees market rate

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| 620 views | | 2 replies (last March 26, 2024)
Post ID: @OP+1rgPOsLL

I expected more

Is anybody else surprised it's just 150 people? I'm not trying to minimize it, I just honestly thought that with the size of all the other tech layoffs that have been happening in the past month or two, we would be losing at least ten percent of... — read more 

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| 770 views | | 3 replies (last February 7, 2024)
Post ID: @OP+1qSYc9Fq

Zoom sell the stock

Another layoff, another day, another round of PTSD for employees whether they’re working there still or not. Who pays the price? Is it time for a lawsuit? It’s a bro culture. Women are at the bottom. Bullying is acceptable. No pay increase for a few... — read more 

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| 720 views | | 1 reply (February 2, 2024)
Post ID: @OP+1qRwg1tv

Can someone post sev packages

I heard 4 months plus two weeks but I didn’t hear about medical and stocks. I was not paying attention lol

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| 530 views | | 1 reply (February 2, 2024)
Post ID: @OP+1qQmNC1O

Zoom Layoffs Disguised as Reorg

It’s funny how in the All Hands our “leaders” talk about getting back to Zoom culture and how “care” is a core value and attempt to reassure the masses with sweeping statements of “no corporate wide layoffs in 2024”. Instead, behind the scenes entire... — read more 

No layoffs?

If RTO is being used to get rid of people, does that mean the rest of us are safe from layoffs?

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| 790 views | | 1 reply (August 31, 2023)
Post ID: @OP+1oleJR4e

I don't see a future for Zoom

At least in the US and EU, anyway. The product alone just isn't good enough. Meetings is good, but everything else is "meh" at best, and hot garbage at worst. I don't see many companies electing to dump MS or Google email to move to Zoom unless... — read more 

Zoom - Return to Office

What bunch of !diot managers are running this place?! There is literally NO benefit for sales to be in the office. NONE. A 50 mile radius is easily a 3hr addition to the work day based on nearly every location where Zoom holds... — read more 

When will Zoom be sold?

Pretty obvious that Zoom is going to be sold in the near future. Will it be within 6 months? 12 months? 18 months? Seems that AWS, Cisco, outside shot of Google? Most likely a private equity? Any upper, upper management on here that care to... — read more 

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| 1770 views | | 1 reply (April 13, 2023)
Post ID: @OP+1m5QGFJB

Who's Left in Sales Leadership?

So R..n A..s is moved to an "advisory" role and G...m G....s takes his slot, G..g T..b is gone, D...d R......o is gone, sales leaders moved into segments they've never sold into before, phone reps are now contact center reps and AE's, numerous... — read more 

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| 1090 views | | no replies yet
Post ID: @OP+1lzmAvN1

zoom is over

I worked at a midsized tech company and a bunch of people there fled to Zoom. At the time it was a Covid stock and valuation hit $80 billion. These things were led to believe the CEO was the most caring and company had the best culture. We now know... — read more 

Who was most affected?

I’m noticing recruiters, CSMs, online AEs, Acquisition AEs, channel managers, BDRs, SDRs, and IT. Seems like a wide variety. If you know who else was hit hard in this round, please share here. It would be good to know how widespread these layoffs... — read more 

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| 1050 views | | 1 reply (March 2, 2023)
Post ID: @OP+1l7RU6Jf

Second round is coming

I will not be here to welcome it. I think others should also consider leaving while there are still available jobs unless severance means so much to you that you'd be willing to risk being jobless for who knows how long over it. Layoffs in tech are... — read more 

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| 1630 views | | 1 reply (February 17, 2023)
Post ID: @OP+1l7U7mjR

No layoffs today?

I haven't heard anything new today, does that mean that everybody who was on the list got their call yesterday?

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| 1150 views | | 2 replies (last February 13, 2023)
Post ID: @OP+1l5aFecr

Zoom has too many employees

I know most of you don't want to hear or accept this, but Zoom has too many employees. I wouldn't be surprised if this is just the first of many rounds until we drop down to a proper level (anything above 2k is too many). We need to go down to... — read more 

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| 1490 views | | 1 reply (February 8, 2023)
Post ID: @OP+1l5US5PF

At least it's not just on employees

I hate that we're having layoffs as much as everybody else, but I also want to give credit where credit is due. This is more than 95% percent of CEOs and leadership teams have done during the latest slew of layoffs in the tech field: "To that end... — read more 

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| 860 views | | no replies yet
Post ID: @OP+1l56fg1L

Layoffs

What positions were most effected and what was the separation pay? Will there be a second round?

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| 1270 views | | 4 replies (last February 9, 2023)
Post ID: @OP+1l4gG0bZ

We join the fray

1,300 people to be laid off. Percentage-wise, this is more than any of the big tech companies. I guess the golden age of Zoom went away with the pandemic and now is the time to return to Earth. I'm betting you this is just the beginning and we'll be... — read more 

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| 1420 views | | 4 replies (last February 8, 2023)
Post ID: @OP+1l417qBC

seems like it's getting worse

Benefits have been cut, contractors laid off, hiring freeze in place. Salaries have been frozen for a while now.

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| 1950 views | | 5 replies (last January 31, 2023)
Post ID: @OP+1k2Vu5bn

First Layoffs just happened

Just let go of a significant chunk of our global TA team. The scale was not so large, and seems to be exclusively limited to TA. This follows closure of roughly half the open headcount for the rest of the year. The layoff itself was not such a big... — read more 

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| 1940 views | | 1 reply (October 19, 2022)
Post ID: @OP+1jaP5qP7

Don't expect good news tomorrow

Things keep getting worse the more the situation with the pandemic improves. The majority of businesses (small and large) are pushing for RTO, which makes Zoom obsolete. This will be more obvious than ever during tomorrow's earnings report. I think... — read more 

zoom stock will plunge

Zooms stock is over 60 times its 2028 revenues of $400 million. From zoom to boom.

Zoom is hiring fast

A lot of open positions, the company is growing quite a bit. We do not plan any layoffs in 2019 or 2018 - check out the company's careers page and you'll see 100s of positions open. Check it out...

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| 1751 views | | no replies yet
Post ID: @OP+VFwFVsy

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