Layoffs loom at Zoom

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Layoffs loom at Zoom

Executive pay slashed.

Zoom Video Communications said it would cut about 1300 jobs, as demand for the company's video conferencing services slows with the waning of the pandemic, and take a related charge of up to US$68 million (A$98 million). While announcing the layoffs, which will hit nearly 15 percent of its ...

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