Zoom ‘rescoping roles’, laying off 150 employees

Zoom, a prominent figure in the video-conferencing sector, has recently confirmed the reduction of its workforce by approximately 150 jobs –a figure that represents less than two per cent of its total employees.

This move aligns with a growing trend in the tech industry where companies are refocusing their efforts towards efficiency and strategic realignment.

What’s happening at Zoom?

In a statement to CNBC, a Zoom spokesperson stated that the company “regularly evaluates [its] teams to ensure alignment with [the business’] strategy.”

“As part of this effort, we are rescoping roles to add capabilities and continue to hire in critical areas for the future.”

Zoom claims that the layoffs are not a blanket reduction across the company but rather targeted to specific areas. They plan to continue hiring in 2024 for positions in its artificial intelligence, sales, product and general operations divisions.

The videoconferencing platform cut 1,300 employees approximately one year ago.

In an email explaining the February 2023 layoffs, CEO Eric Yuan said that the terminations were necessary following a hiring spree during the COVID-19 pandemic to deal with increased demand for the platform.

Zoom layoffs in Canada

It remains unclear if Canadian employees at Zoom have been let go.

📺 WATCH: Everything You Need to Know About Mass Terminations

Lost Your Job? Get Help Now

📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.

If you’ve lost your job at Zoom for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.