Zoom to lay off 1,300 employees, or about 15% of its workforce

TL;DR

the Covid pandemic, the company needs to adapt to the "uncertainty of the global economy" as well as "its effect on our customers. "As the CEO and founder of Zoom, I am accountable for these mistakes and the actions we take today– and I want to show accountability not just in words but in my own actions," Yuan wrote in the post. Global Business and Financial News, Stock Quotes, and Market Data and Analysis

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