Zoom CEO Takes A Pay Cut After Laying Off 1,300 Employees And Sends Stock Price Soaring—Earning Him More Money
Forbes Careers
FEBRUARY 8, 2023
Zoom announced on Tuesday that it would downsize around 1,300 employees, representing about 15% of its staff, according to a company blog post. Shares of Zoom rocketed 10% higher following the news of the job cuts.
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