Video conferencing company Zoom has suddenly fired its president, Greg Tomb. What's wrong? Zoom did not want to be honest about why the former Google executive was fired.
Tomb's contract was suddenly terminated 'without reason'. A Zoom spokesperson said the tech company is not looking for a replacement for Tomb. Tomb is known to have been appointed president of Zoom in June 2022 and has been actively overseeing the sale of the company.
As we quoted from the BBC, he reports directly to Zoom's CEO, Eric Yuan, who founded Zoom in 2011. As is known, Zoom exploded in the number of users during the Corona pandemic where many people stayed at home. As of April 2020, there are 300 million daily Zoom users.
As for the time of recruiting Tomb, Eric admitted to being happy. "Tomb is a highly respected leader in the technology industry and has deep experience in helping companies grow at critical times," said Eric.
Tomb also said that he is happy to join the team and help drive Zoom's growth. However, Zoom has experienced post-pandemic difficulties when people have started to go back to work in the office and no longer have online meetings as much as before.
To anticipate growth, they doubled the number of employees in two years during the pandemic. But last February, Zoom cut 15% of its employees, around 1,300 people, due to declining business. Bosses were also hit with pay cuts.
Zoom currently also has to compete with giant rivals such as Google Meet, Microsoft Teams, and Slack, whose capabilities are no less sophisticated. Perhaps because Tomb was considered to be a poor performer in leading Zoom, he was suddenly stopped in the middle of the road.