Zoom lays off 15% of employees

Post by bruce511 » Wed, Feb 08, 2023, 6:55 AM UTC

uxcolumbo wrote: post #537

bruce511 wrote: post #519

Earlier quoted context omitted.

Clearly being laid off is painful. I'm sensing some of that pain in your reply. I have a lot of sympathy for those who have been laid off. However your solution, as seen from outside that pain, is "worse than the disease". Firstly it's worth pointing out that most (but not all) layoffs right now are a result of over-hiring during the pandemic. Now, granted, those jobs didn't last forever, but they did last a while an…

Parent’s post has an invisible /s.

Post by midoridensha » Wed, Feb 08, 2023, 7:06 AM UTC

joegahona wrote: post #509

speby wrote: post #390

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Seriously? What 'fairness' exactly is it people want when companies do layoffs? "Hey, we are laying off 3,000 people. Because of that, I am firing myself and the company will no longer have a CEO and will have to find someone else, starting immediately. In addition, I plan to donate all of my life's savings and file for unemployment like everyone else and, if needed, live in my van down by the river. I hope this make…

This warrants maximum punishment and humiliation: 1. Yuan should immediately terminate himself as CEO, and his salary/bonus should be divvied up among those who were [IMPACTED]. In fact, all 1,300 people should be named co-CEOs and together they shall lead the company to prosperity and avoid such a boneheaded misstep in the future. 2. He should have to give his life savings to those 1,300 people. His family should li…

Post by nickm12 » Wed, Feb 08, 2023, 7:19 AM UTC

klabb3 wrote: post #247

password11 wrote: post #152

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> If you are a US-based employee who is impacted, you will receive an email to your Zoom and personal inboxes in the next 30 minutes that reads [IMPACTED] Departing Zoom: What You Need to Know. This is the way to notify people of a layoff. Immediate binary yes/no. Although there is no great way to do it, this layoff seems pretty respectful and well done.

I think the best way is: - invite everyone 2 weeks before to a townhall named [REQUIRED] An update on your employment - read the names of the fired people from a fancy envelope - when someone is called, their corp access is revoked in real time and they are kicked off the call

Post by gtirloni » Wed, Feb 08, 2023, 7:30 AM UTC

josephcsible wrote: post #544

> 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. By "necessary", do they mean "we'd go out of business if we didn't do this" or "we'd still be profitable if we didn't do this, just not as profitable as we want to be"?

Post by AstixAndBelix » Wed, Feb 08, 2023, 7:46 AM UTC

kerkeslager wrote: post #480

jameshart wrote: post #476

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If the company saw 10% revenue loss, and the employee got 2 years' pay, then I would argue the employee definitely came out with the better end of that deal. Of course layoffs are bad for workers. I'm just taking the controversial position that on the other hand, jobs are good for workers .

So let me get this straight: jobs are good for workers, so when a worker loses their job, that's... somehow also good? Sure, they were depending on that job to feed their kids and pay their mortgage and now both those things are at risk. But the real story here is that they had a job for two whole years and should be grateful to have been generously paid a miniscule fraction of what their work gained the company for…