Zoom Cuts Jobs in Latest Move by Tech Industry to Shed Workers

Zoom Video Communications Inc. cut about 150 jobs this week, adding to a wave of workforce reductions by technology companies at the onset of 2024.

The employee departures at the company known for its videoconferencing software amount to less than 2% of its workforce, according to a person familiar with the matter. The reductions are not companywide and Zoom will continue to add people in 2024 in areas such as artificial intelligence, sales and engineering, said the person, who asked not to be identified discussing internal company strategy.

“We regularly evaluate our teams to ensure alignment with our strategy,” a ...