Campbell, California-based 8x8, a telecommunications provider of VoIP (Voice over IP) products including cloud-based voice, contact center, video, mobile and unified communications for businesses, has announced a potential merger and a reduction in force.
According to the company, the reduction will impact 7% of the workforce, or approximately 155 employees, and is expected to take place before June 30, 2023.
CEO Sam Wilson noted, "I believe this reduction is essential to improve our efficiency and align our resources to the critical areas of focus."
Meghan Keough, senior vice president of product and corporate marketing, added, “As part of a normal business review, we made a small headcount reduction across functions, to drive greater operational efficiency."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?