This action affected 695 companies, leading to job losses in the tech sector.ĭuring January of this year, nearly 100,000 tech employees experienced job losses on a global scale, with prominent companies like Amazon, Microsoft, Google, Salesforce, and others being the primary contributors to the layoffs. ZipRecruiter, a job search engine, has recently revealed its decision to lay off around 270 employees globally, accounting for approximately 20% of its total workforce.Īs per a previous report from IANS, approximately 200,000 technology employees, including those from large corporations to startups, were terminated worldwide by May 21, 2023. Company Description: ZoomInfo Technologies is a global leader in modern go-to-market software, data, and intelligence for sales, marketing, operations. Backed by the world's most comprehensive B2B data. is a software and data company which provides data for companies and business individuals. Now, it’s time to merge them into the beginnings of your B2B prospect list. For over a decade, ZoomInfo has helped companies achieve their most important objective: profitable growth. One contains important information about your products and services and the other contains important information about your ideal prospects and best customers. Learn about ZoomInfos culture, see what works. "As the Company indicated on its most recent financial results conference call, we plan to continue to hire within sales, engineering, and customer success and make investments to further leverage the Company's generative AI capabilities," ZoomInfo said. Enter the code that you received from ZoomInfo via email, click Confirm. At this point in the process, you have two data sets. ZoomInfo overall culture is rated A+ based on 14972 ratings from 582 ZoomInfo employees. The employees of the company, impacted with this layoff will be paid an average of 10 weeks of severance pay, equity award vesting and a health care and education fund, Zoominfo noted. The Company estimates that it will incur restructuring charges of approximately $6 million in connection with this plan, which will primarily be recognised in the second quarter," it added.Īccording to IANS, citing Seeking Alpha, during the recent filing of its annual report, ZoomInfo disclosed that as of December 31, 2022, the company had a total of 3,540 employees.
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