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Zoom is cutting about 150 jobs, or close to 2% of its workforce (www.cnbc.com)

submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] NewNewAccount@lemmy.world 8 points 7 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.world 3 points 7 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?

this post was submitted on 02 Feb 2024

117 points (95.3% liked)

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