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.

  • NewNewAccount@lemmy.worldEnglish
    102·
    5 months ago

    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.

    • killeronthecorner@lemmy.worldEnglish
      3·
      5 months ago

      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?