Former Google executive Greg Tomb, the president of video conferencing platform Zoom, has been fired.
The company stated in a regulatory filing that Mr. Tomb’s contract was abruptly terminated “without cause”.
The businessman had assumed the position in June 2022, and since then, he has actively participated in earnings calls and managed the company’s sales.
According to a Zoom spokesperson, the tech company is not looking for a replacement.
Chief Executive Officer Eric Yuan, who founded Zoom in 2011 and oversaw its development into one of the pandemic’s biggest winners, was the person Mr. Tomb reported directly to.
Due to the need for people to stay at home and the rise in screen time, Zoom became well-known.
Zoom calls were used for weddings and funerals, and the company estimated that 300 million people were using Zoom calls every day by April 2020.
Mr. Yuan expressed excitement at the strength Mr. Tomb would bring to the leadership team at the time of his appointment, stating that Mr. Tomb “is a highly respected technology industry leader and has deep experience in helping to scale companies at critical junctures.”
Mr. Tomb expressed his excitement at joining the group and contributing to “drive growth” as businesses all over the world addressed their communication requirements.
The company, however, has had a difficult time maintaining its pandemic boom and, like many others in the tech industry, has been forced to lay off staff.
Zoom tripled its workforce in two years during the pandemic, but the company cut 15% of its workforce, or 1,300 people, in February to deal with declining demand.
We didn’t devote the necessary time to thoroughly analyse our teams or determining whether we were expanding sustainably in the direction of our top priorities, according to Mr. Yuan.
Zoom might be overtaken by competing services like Google Meet, Microsoft Teams, and Slack as businesses seek to reduce expenses in the face of a downturn in the economy.
Zoom is attempting to expand. It revealed plans to incorporate email and calendar features as well as a chatbot to assist users in troubleshooting last year. Also in development is Zoom Sports.