Thursday, October 10, 2024

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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

Advanced Micro Devices (NASDAQ:AMD)...

Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
HomeTagsZoom Layoff

Tag: Zoom Layoff

Zoom Video Communications Inc. (NASDAQ:...

Zoom Video Communications Inc. (NASDAQ: ZM) surged...

Zoom Video Communications Inc. (NASDAQ: ZM) Plans To Cut About 1,300 Jobs as Demand Declines

Zoom Video Communications Inc. (NASDAQ: ZM) surged in early session on Wednesday as it plans to cut about 1,300 jobs as demand for the company's video conferencing services declines with the end of the pandemic, and to take a $68 million charge as a result. The company's shares, which fell 63% last year amid a rout in technology stocks, closed 9.9% higher on the news but were marginally lower in extended trading. While announcing the layoffs, which will affect nearly 15% of the company's workforce, CEO Eric Yuan stated that...

Zoom Video Communications...

Zoom Video Communications Inc. (NASDAQ: ZM) surged in early session on Wednesday as it plans to cut about 1,300 jobs as demand for the...
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