Zoom Video Communications has decided to chop nearly 200 jobs in the Bay Area.
SAN JOSE — Zoom Video Communications, whose fortunes and hiring soared during the coronavirus outbreak, has decided to chop nearly 200 jobs in the Bay Area, according to a new filing with state labor officials.
The job cuts, which all took place at the tech company’s downtown San Jose offices, were effective on Feb. 7, the WARN letter to the state Employment Development Department showed. An estimated 199 jobs were eliminated by Zoom, according to the WARN notice, which the EDD released to this news organization on Wednesday.
San Jose-based Zoom rode a wave of demand for its products and services due to the worldwide push for working, meeting and learning remotely due to the coronavirus-linked business shutdowns. Now that the economic and lifestyle effects of the coronavirus have begun to fade, Zoom and other tech companies have been forced to face the harsh reality that their products and services aren’t as much in demand.
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