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More Bay area tech layoffs: Zoom, Okta and Proofpoint cut hundreds of jobs

Zoom and the identity security company Okta announced layoffs on Thursday, marking the latest workforce reductions in the Bay Area tech industry.

The San Jose-based video communications platform Zoom, which became a remote-work staple during the COVID-19 pandemic, confirmed it will cut approximately 150 jobs, representing less than 2% of its workforce. The move is part of a strategic effort to enhance efficiency, according to a company spokesperson. “We regularly evaluate our teams to ensure alignment with our strategy,” the spokesperson said in a statement to the Chronicle. “As part of this effort, we are rescoping roles to add capabilities and continue to hire in critical areas for the future.”

Despite the layoffs, Zoom said there are job openings across various divisions, particularly in artificial intelligence, sales and product development teams.

The layoffs are less severe than last February’s cuts, where around 1,300 workers, then approximately 15% of the workforce, were affected.

Okta announced plans to cut around 400 employees, constituting 7% of its global workforce. Last year the company laid off 300 employees.

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