Zoom on Thursday confirmed that it's cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
Zoom is cutting about 150 jobs, or close to 2% of its workforce::Zoom on Thursday confirmed that it’s cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
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So the company whose product helped facilitate remote work stock has returned to its pre-pandemic price? Not that surprising. Hardly on its last legs.
Yes the markets love stagnation. I bet the investors who bought during the pandemic are thrilled!
Lay offs must be the start of the journey, right?