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In a blog post published on Tuesday, Zoom CEO and founder Eric Yuan stated that the company increased employees during the COVID-19 pandemic, when businesses grew more dependent on its services.
"We have made the tough but necessary decision to reduce our team by approximately 15 per cent and say goodbye to around 1,300 hardworking, talented colleagues," Eric Yuan wrote.
Elon Musk's tweet sparked conversations around futuristic innovations like ChatGPT and AGI
![Dell to slash about 6,650 jobs in latest tech job cuts; affects 5% workforce globally [details] - Vimarsana News](https://data1.ibtimes.co.in/en/full/424677/dell-logo.jpg){kind=logo}
Dell Technologies on Monday said that it will lay off about 6,650 workers globally, becoming the latest technology company to do so, the media reported.
Labor Secretary Marty Walsh said he's not sure if the tech layoffs will be an issue for just a couple of months, or a longer-term situation.