Zoom fires president without cause after laying off 1,300 employees

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Zoom fires president without cause after laying off 1,300 employees
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“We worked tirelessly and made Zoom better for our customers and users.”

Video conferencing platform Zoom has fired its president Greg Tomb without showing any cause.

Just days before that Zoom laid off 15 percent of its workforce amounting to approximately 1,300 job cuts. The company also trimmed the base pay for its executive leaders as demand for Zoom meetings has slowed down post pandemic.said he was accountable for the mistakes that led to the layoffs and would reduce his salary by 98% for the coming fiscal year and forego his corporate bonus as well.

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