Okta, Zoom Cut Hundreds Of Jobs—Here Are 2024's Tech Layoffs

Identity security company Okta told its staff on Thursday it will cut as many as 400 employees, while Zoom reportedly plans to slash 150 positions—the latest in a string of job cuts this year that have rocked the tech industry, including at Microsoft, Amazon, eBay and PayPal, following a parade of layoffs in 2022 and 2023.Okta CEO Todd McKinnon announced in a Securities and Exchange Commission filing that the identity management company will reduce its head count by roughly 400 employees (7% of its workforc ...