Zoom Video Communications Inc. plans to lay off 1,300 workers, cutting its staff by 15%, Chief Executive Eric Yuan announced Tuesday.
The video conferencing software maker also said that its executive leadership team will reduce their base salary by 20% in the same period.
Zoom Video Communications Inc. ZM, +7.63% plans to lay off 1,300 workers, cutting its staff by 15%, Chief Executive Eric Yuan announced Tuesday. In a blog post, Yuan noted that he had tripled Zoom's w
Zoom on Tuesday announced plans to cut about 1,300 workers, or 15% of its workforce, according to a blog post shared to the company's website.

Zoom to cut headcount by 15%

12:35pm, Tuesday, 07'th Feb 2023
Zoom Video Communications said in blog post on Tuesday that it will lay off 15% of its workforce, or about 1,300 jobs.
Zoom Video (ZM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Cathie Wood is a well-known investment manager with a lean toward innovative growth stocks.
The pandemic-driven growth of Zoom Video is long over. Corporate clients could boost Zoom stock but Microsoft looms.
Investing in growth stocks has often been heralded as the fastest route to financial success. However, amid the present volatility in the market, those thinking of embracing this potentially rewarding

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Zoom Video (ZM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
MKM Partners Managing Director Catharine Trebnick to discuss downgrading Zoom stock amid ongoing macro pressures, competing with Microsoft Teams and Google Meet, Tesla integration, and the outlook for
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Zoom Video Communications (ZM) Dips More Than Broader Markets: What You Should Know

10:50pm, Wednesday, 25'th Jan 2023 Zacks Investment Research
In the latest trading session, Zoom Video Communications (ZM) closed at $68.89, marking a -0.78% move from the previous day.
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