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The company has not yet filed a Worker Adjustment and Retraining Notification (WARN), but the reported layoff might be announced on February 14’s earnings call. Read more.
Zoom Video Communications, Inc., a widely used communication platform especially during the two-year COVID pandemic, has announced a lay off 1,300 of its employees after a slowdown in the use of its services. The company’s workforce was trimmed to cut costs and the company CEO cited the "uncertainty of the global economy, and its effect on our customers" as the reason for