Zoom Video cut 150 jobs this week, Bloomberg reports

Zoom Video Communications cut about 150 jobs this week, which amounts to less than 2% of its workforce, Brody Ford of Bloomberg reports, citing a person familiar with the matter. The reductions are not company-wide and Zoom will continue to add people in 2024 in areas such as artificial intelligence, sales and engineering, a source told Bloomberg. “We regularly evaluate our teams to ensure alignment with our strategy,” a Zoom spokesperson said. “As part of this effort, we are rescoping roles to add capabilities and continue to hire in critical areas for the future.”