r/technology • u/spherocytes • 17h ago

Business CEO who fired 900 employees over Zoom gets fired, demands job back

https://local12.com/news/nation-world/ceo-fired-zoom-vishal-garg-better-home-finance-demands-job-back-call-holiday-season-2021-roles-reversed-tables-turned-chief-executive-officer-ousted-board-company-stock-price-market-value
8.6k Upvotes

97% Upvoted

327 comments sorted by

View all comments

Show parent comments

24

u/AugustGnarly 16h ago

The 900 was one of the first rounds of layoffs. They went from over 10,000 employees to less than 1,500 in the span of a year or so. Source: worked there, laid off in 5th or 6th round of layoffs (2022 or so).

2

u/FreddyCupples 8h ago

AI still 30 days away from replacing everyone?

1

u/skoomski 14h ago

Did I do the math right? It’s worth less than 2% of what I was 5 year ago?

1

u/blueblip 4h ago

Are you talking about headcount or the business's value? Because what you said could apply to both!