The company explained to media outlets that it wants to shift to focus more on future growth in Artificial Intelligence, sales, and products.
Although it clocked in as having millions of users while businesses were forced to go remote during the height of the pandemic, it has lost popularity as workers consistently return to the office full-time or even to a part-time hybrid business model.
A spokesperson from Zoom told CRN more about the business cuts. They said, “We regularly evaluate our teams to ensure alignment with our strategy. As part of this effort, we are rescoping roles to add capabilities and continue to hire in critical areas for the future.”
According to the outlet, the layoffs will account for “less than 2 percent” of the company’s total workforce.
Jobs that have come under fire by the job cuts include integrated marketing and webinar program managers. Departments included in the functioning of their online video base sales have also been speculated to have been impacted, according to Zoom employees on LinkedIn confirming their shrinking departments.
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Source: Black Enterprise