Zoom Announces Fires Its President Greg Tomb After Announcing 1300 Employees Layoffs

Zoom President Greg Tomb Fired: Big news related to the video communication sector giant Zoom has come to the fore. Zoom CEO Eric Yuan last month announced the sacking of 1,300 employees from the company. But this time the company has suddenly removed its President Greg Tomb (Zoom President Greg Tomb). This has been disclosed in the regulatory filing of the company.

fired without reason

According to the news of Livemint, Zoom has announced the sacking of its President Greg Tombs ‘without any reason’ in a regulatory filing. Greg Tomb was selected for this post only in June 2022. That is, there was still time left for his tenure to complete 1 year. In such a situation, everyone is surprised by this sudden decision of the company.

Know what the company said

A spokesperson for Zoom says that the company has not hired a new president in place of Tombs. However, the company has not given the reason behind the removal of the tomb. Tombs joined Zoom in August 2019 as the company’s Chief Revenue Officer. Tomb was promoted to the post of President only 8 months ago. Prior to joining Zoom, Tombs was working at Google as Vice-President of Sales, Google Workspace, Security and Vice-President of Jio Enterprise since May 2021.

fired 1300 employees

Earlier, Zoom CEO Eric Yuan is going to lay off 15 percent of its employees in February last month. Under this, about 1300 employees of the company have been affected. Apart from this, Yuan has also announced that he will reduce his salary by 98 percent in the coming financial year and this time he will not even take his annual corporate bonus.

worldwide recession

Recession has knocked all over the world at this time. Due to which many companies are removing their employees from the job (Layoffs 2023). Now the name of zoom has been included in this list. Before this, layoffs are going on in many tech startups around the world. However, Zoom had given information about this retrenchment through a blog post on its official website.

Layoffs in many tech companies

In the last few months, many tech companies have started laying off their employees to deal with the recession. Earlier, Dell has laid off 6,650 of its employees. Google company has fired a total of 12,000 employees from January 2023 till now. While Twitter, Facebook’s parent company Meta, Microsoft has also made a large number of layoffs.

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