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Given how zoom took over the universe in past 3 years, seems like a serious leadership failing to now have to cut 1300 people.
by gedy 4y ago
Given how zoom took over the universe in past 3 years, seems like a serious leadership failing to now have to cut 1300 people.
- gardenhedge 4y agoI actually think this is one of the companies where it made sense that they scaled up staff during covid and now need to let them go.
- bink 4y agoI agree. Salesforce, Meta, Alphabet? Those were already giant companies that saw a bump in traffic due to covid. Zoom was a relatively small company that became a cultural phenomenon and no doubt had to onboard a completely unexpected number of new customers. It's one company where I could see tripling the workforce as reasonable if not aiming low.
- sneak 4y ago1300 people is a ton of salary every month. Google Meet is free with G Suite/Workspace/Gmail which everyone already has.
- anonymouskimmer 4y agoFor $1 notes it would be quite a bit more than a ton: https://goodcalculators.com/money-weight-calculator/ https://goodcalculators.com/money-weight-calculator/ > This means that $1,000,000 in $100 bills weighs around 10 kilograms (22.046 pounds). However, if you wanted your million in single dollar bills, that same amount of money would weigh a metric ton (2,204.623 pounds).
- qup 4y agoHow much of that was schools that are now back to classrooms?
- s1artibartfast 4y agoI'm not sure how you get that conclusion. "taking over the universe" seems like successful leadership to me. I'm sure those 1300 people helped them do it. If they are no longer needed, letting them go also seems like successful leadership. I don't pay the workers that built my house after the job is done.