Does Zoom have a death wish?
When a company that makes software designed to ensure remote work is successful decides its own employees need to be in the office, it's sending the exact wrong message to customers.
When a company that makes software designed to ensure remote work is successful decides its own employees need to be in the office, it's sending the exact wrong message to customers.
The videoconferencing company is doubling down on its investment in AI, and remains positive about its financial outlook despite a slump in online sales.
The layoffs come on the back of uncertain macroeconomic conditions after the cloud-based videoconferencing service provider tripled its staff during the pandemic.
As organisations continue to push for the return of in-person work, Zoom’s earnings show the vendor has challenges in the post-pandemic business landscape.
After becoming the darling of the videoconferencing world, Zoom is now continuing to set its sights on adding new innovations to its wider collaborative offerings.