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Zoom To Sack 15 Percent Of Staff

Published

3 years ago

February 7, 2023

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The company behind the Zoom video conferencing platform — which became a household name during the pandemic — announced Tuesday it is laying off about 15 percent of its staff.

Zoom Video Communications chief executive Eric Yuan is also taking a 98 percent cut in salary this year and forgoing his executive bonus, he said in a blog post about the job cuts.

He added that members of his executive leadership team are taking a 20 percent salary reduction and also forfeiting bonuses this year.

While people and businesses continue to rely on Zoom “as the world transitions to life post-pandemic,” the Silicon Valley-based firm is seeing customers cut back on spending, Yuan said in the post.

Zoom has made the “tough but necessary” decision to lay off about 1,300 people, or roughly 15 percent of its staff, according to Yuan.

“Our trajectory was forever changed during the pandemic when the world faced one of its toughest challenges, and I am proud of the way we mobilized as a company to keep people connected,” Yuan said.

Zoom tripled its ranks of employees during the pandemic, as people used the platform for remote work, court hearings, social events and more while Covid-19 risks barred them from getting together in person, according to Yuan.

“We are seeing that people and businesses continue to rely on Zoom,” Yuan said.

“But the uncertainty of the global economy, and its effect on our customers, means we need to take a hard look inward to reset ourselves so we can weather the economic environment, deliver for our customers and achieve Zoom’s long-term vision.”

Zoom will continue to invest in strategic areas, the chief executive noted.

Zoom joined a growing list of US tech firms slashing jobs as years of high spending has given way to parsimony due to harsh economic conditions around the world.

American computer firm Dell said Monday that it will lay off some five percent of its global workforce, or around 6,650 employees.

The cuts follow similar steps by tech giants Microsoft, Facebook owner Meta, Google parent Alphabet, Amazon and Twitter as the industry girds for economic downturn.

They also come after a major hiring spree at the height of the coronavirus pandemic when companies scrambled to meet demand as people went online for work, school and entertainment.

According to the specialist site Layoffs.fyi, just over 95,000 tech employees have lost their jobs since the beginning of January worldwide.

Headline

42 Killed In Israeli Attacks, Says Gaza’s Civil Defense

Published

6 minutes ago

August 24, 2025

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Gaza’s civil defence agency reported at least 42 people killed in Israeli attacks on Sunday, as the Israeli army prepared for a new assault on the Palestinian territory’s largest city.

Civil defence spokesman Mahmud Bassal said there had been several air strikes around Gaza City — which the military is gearing up to capture — including one in the Al-Sabra neighbourhood that killed eight people.

Attacks were also reported elsewhere across the territory, he said, with the “total tally currently rising to 42 dead”.

The army did not immediately respond to a request for comment on the figure.

“The situation is extremely dangerous… Each day, each minute, there are bombings, martyrs, death and blood — we can’t take it anymore,” Al-Sabra resident Ibrahim Al-Shurafa told AFP, explaining strikes and shelling were ongoing.

“We don’t know where to go. Death follows us everywhere,” he added.

Media restrictions in Gaza and difficulties in accessing many areas mean AFP is unable to independently verify the tolls and details provided by the civil defence agency or the Israeli military.

The October 2023 Hamas attack on Israel that sparked the war resulted in the deaths of 1,219 people, mostly civilians, according to an AFP tally based on official figures.

Israel’s offensive has killed at least 62,686 Palestinians, most of them civilians, according to figures from the health ministry in Hamas-run Gaza that the United Nations considers reliable.

AFP

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Venezuela Frees Eight Opposition Leaders

Published

15 minutes ago

August 24, 2025

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Venezuelan authorities released eight opposition leaders from jail early Sunday, including a former congressman and two Italian citizens, and granted house arrest to five others, an opposition politician said.

Most of those released had been charged with corruption in opposition-run mayoral offices.

Also set free was Congressman, Amirico de Grazia, detained amid protests that erupted during President Nicolas Maduro’s reelection in 2024.

“Today, several families are once again embracing their loved ones. We know there are many left, and we have not forgotten them; we continue to fight for everyone,” two-time former presidential candidate Henrique Capriles said on X.

Opposition leaders Victor Jurado, Simon Vargas, Arelis Ojeda Escalante, Mayra Castro, Diana Berrio, Gorka Carnevalli, as well as Italian nationals Margarita Assenzo and de Grazia were released, Capriles said.

Nabil Maalouf, Valentin Gutierrez Pineda, Rafael Ramirez, Pedro Guanipa, and David Barroso were placed under house arrest.

The Italian government confirmed the release of de Grazia and Assenzo, who must appear in court to clarify the conditions of their release. It also vowed to continue working on securing the release of other detained Italians.

“We have always said, and we maintain it: we will talk to whomever we need to talk to so that there is not a single political prisoner in our Venezuela!” Capriles added.

AFP

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Russia, Ukraine Exchange Prisoners Of War, Civilians

Published

19 minutes ago

August 24, 2025

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Russia and Ukraine each sent back more prisoners of war on Sunday in the latest in a series of exchanges that have seen hundreds of POWs released this year, the two sides said.

Large-scale prisoner exchanges were the only tangible result of three rounds of talks between Russia and Ukraine in Istanbul between May and July.

They remain one of the few areas of cooperation between the two countries since Russia’s offensive began in 2022.

“On August 24, 146 Russian servicemen were returned from the territory controlled” by Kyiv, the Russian defence ministry said on Telegram.

“In exchange, 146 prisoners of war of the Ukrainian Armed Forces were transferred” to Ukraine, it added. Ukraine did not confirm any figures for the release.

Russia also said that “eight citizens of the Russian Federation—residents of the Kursk region, illegally detained” by Kyiv were also returned.

Ukrainian forces launched a surprise incursion into Russia’s Kursk region in August last year, seizing hundreds of square kilometres (miles) of territory in a major setback for the Kremlin.

Russia deployed thousands of troops from its ally North Korea as part of a counterattack but did not fully reclaim the region until April.

Among the Ukrainians released on Sunday was journalist Dmytro Khyliuk, President Volodymyr Zelensky said.

Khyliuk was kidnapped in the Kyiv region in March 2022. He is finally home in Ukraine,” Zelensky said on social media.

Also freed was former Kherson mayor Volodymyr Mykolayenko, “who spent more than three years in captivity,” Zelensky’s aide Andriy Yermak wrote on X.

“In 2022, he was on the list for return, but Volodymyr voluntarily refused to be exchanged in favour of a seriously ill prisoner with whom he was sharing a cell in a Russian prison,” Yermak said.

AFP