For context, very few people and not directly in technology:
"About 60 employees were laid off, mostly in the company's sales and advertising division, according to a company spokesperson, who attributed the shakeup to a routine reorganization. The eliminated roles include workers in Los Angeles, New York, Austin and abroad."
They have somewhere around 750 employees still after the layoffs; it's hard to understand your comment that that both says they should have 150 employees but reducing their teams is a bad decision.
>>> In January, following similar moves by other tech industry giants, the streaming giant announced it was cutting around 600 jobs out of around 10,000.
I would have guessed a total headcount of 2K-3K. Anybody has an idea of the approximate headcount by department ? 10K full time employees seem a lot to me.
Thought it would be another political activism post, turns out to be a dressed-up corporate layoff announcement:
> Sadly, the changes also include a significant reduction in our workforce — approximately 250 people of exceptional professional and personal caliber who have made outstanding contributions to who we are today.
> Dozens of employees and executives have left the group
[...]
> more than 3,700 full-time employees, according to recent internal data viewed by Insider. Roughly half of those were previously overseen by Sengupta.
Do I read correctly that "dozens" out of about 1800 people have left since April? Is that an abnormally high number, especially right after things started opening up again after the pandemic?
> We have made the tough but necessary decision to reduce our team by approximately 15% and say goodbye to around 1,300 hardworking, talented colleagues.
Zoom Video Communications total number of employees in 2022 was 6,787, a 53.48% increase from 2021.
Zoom Video Communications total number of employees in 2021 was 4,422, a 74.64% increase from 2020.
Zoom Video Communications total number of employees in 2020 was 2,532, a 48.77% increase from 2019.
Zoom Video Communications total number of employees in 2019 was 1,702, a INF% increase from 2018.
Probably not the most up to date/accurate info.
If 1300 is 15% of their workforce, they are up to 8.6k employees, headed back down to 7366, still all time high.
Did they really think COVID lifestyle was going to stay forever and their business would be gangbusters forever?
What % of their 7000-8000 employees (ignoring any contractors I guess) are engineers? 60%?
4200 engineers to work on an app that at its core is... video conferencing?
> Zoom has 300 million users in meetings daily. 89% of zoom users use it for work meetings. 73.41 million downloads of the Zoom app were recorded worldwide in the first quarter of 2022.
What new features have they rolled out past 12 months that justify needing 4,000 engineers/project managers/product managers/QA team/dev ops/whatever fulltime?
I'd really like to learn the truth to why this statement is wrong: "The average person has more business sense than the CEO of Zoom and its entire board of executives who allowed rampant hiring because I could've guessed during COVID, despite the surge in demand given all of the work-from-home during lockdowns, my company most likely won't grow forever, therefore I won't triple my staff over the next 3 years and then need to just end up laying them off"
Like there's no way it's just that simple. Google says the CEO is worth between $4bn and $25bn. He has to be smarter than the average bear. What am I missing?
>Today marks a very hard day in our 20-year history. We have made the difficult decision to rebalance our team to better position Atlassian for the long term, meaning we will be saying goodbye to around 500 Atlassians, or 5% of our employees.
Well to be fair, there's several thousand less employees now.
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