Zoom Video Communications has fired Greg Tomb , who was appointed as the company's president last June. It's the latest shake up at the video-conferencing company which has implemented mass layoffs and cut executive salaries.
Zoom (ticker: ZM) said in a regulatory filing that the "termination without cause" was effective Friday. When Tomb joined the company he was announced as being in charge of overseeing its revenue efforts and the office of the chief information officer. Tomb was previously an executive at Alphabet's (GOOG) Google Cloud.
Chief Executive Eric Yuan said in early February that Zoom would cut 15% of its staff, or around 1,300 employees. He also said the company would be slashing executive pay, with leadership members reducing their salaries by 20% and forfeiting their 2023 bonuses.