The march of layoffs is going on in the technology world. Zoom, the world`s most popular video conferencing platform, laid off more than 1,300 workers last month. This time the president of the company lost his job.
This information is known in a report of the British media BBC on Sunday (March 5).
According to the report, the contract with Zoom President Greg Tomb has been terminated without giving a reason. However, according to company policy, Greg Tomb will receive the full amount of monetary compensation for termination of employment without cause.
In 2022, Tomb, a businessman and former employee of Google, joined Zoom as president. Since then he was looking after the income and expenses of the company.
Last month (in February), Zoom announced that it would cut 15 percent of its workforce, or 1,300, to cut costs. In addition, the company said at the time that President Greg Tomb will take a 98 percent pay cut this year. Zoom`s CEO said at the time that the company`s executives have also decided to take a 20 percent pay cut.
The company is currently reducing its range due to reduced demand. A Zoom representative said they are not currently looking for a new president.
