Zoom Boss Greg Tomb Fired ‘Without Cause’

Zoom, the video conferencing platform that many people use to work from home, has terminated the contract of its President, Greg Tomb. Tomb was in charge of sales and had been involved in the company’s financial calls. But, Zoom has confirmed that it will not hire anyone else for the position, and Tomb’s exit was not because of anything he did wrong, the company said. 

Tomb reported directly to Zoom’s CEO, Eric Yuan, who founded the company in 2011 and is credited with making Zoom so popular during the pandemic. Millions of people worldwide used Zoom to keep in touch while staying home. 

In April 2020, the company boasted 300 million daily participants on its video calls, including virtual weddings and funerals. However, Zoom has struggled to keep up its success, just like many other tech companies, and had to lay off over a thousand employees earlier this year. 

Despite tripling its workforce during the pandemic, the company cut 15% of its staff because of a decrease in demand. Yuan has admitted that the company did not have enough time to analyze its teams and decide if they were working towards its goals. 

As companies look to cut costs during the economic downturn, Zoom may lose out to other services such as Google Meet, Microsoft Teams, and Slack. In response, Zoom is trying to diversify its offerings.&nbs

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