Zoom is cutting 1,300 jobs, CEO and founder Eric Yuan said in ablog postTuesday.
Yuan blamed the layoffs on uncertain global economic conditions.
The cuts, which began Tuesday, will affect up to 15% of Zoom’s workforce.
The company didn’t immediately respond to questions on what roles are being eliminated.
Zoom has been central to remote work during the COVID-19 pandemic.
To keep up with demand, the company grew three times its size in two years, Yuan said.
“I want to show accountability not just in words but in my own actions.”
Amazon is alsoeliminating more than 18,000 jobs.