• About
  • Privacy Policy
  • Contact
Friday, August 29, 2025
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home Business

US tech company Zoom laying off 1,300 employees

by Diplomatic Info
February 8, 2023
in Business, International
0
US tech company Zoom laying off 1,300 employees
0
SHARES
9
VIEWS
Facebook ShareShare on WhatsAppTweet it!

Zoom Video Communications announced Tuesday it will lay off 15% of its workforce, or around 1,300 employees.

The American tech firm became a popular online communication tool during the coronavirus pandemic amid strict quarantine measures.

But “as the world transitions to life post-pandemic, we are seeing that people and businesses continue to rely on Zoom,” CEO and founder Eric S. Yuan wrote in a blog post.

He said the company made “some mistakes” and did not “thoroughly analyze” if it was growing sustainably.

“But the uncertainty of the global economy, and its effect on our customers, means we need to take a hard – yet important – look inward to reset ourselves so we can weather the economic environment, deliver for our customers and achieve Zoom’s long-term vision,” he added.

The move comes as the tech industry is struggling with lower income and recession fears, as big firms like Dell, IBM, Amazon, Microsoft, Salesforce, PayPal and Google’s parent, Alphabet, have been laying off workers by the thousands.

Diplomatic Info

Diplomatic Info

Next Post
Global air travel at 68.5% of pre-virus level in 2022

Global air travel at 68.5% of pre-virus level in 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

80% of peace treaty with Armenia agreed, says Azerbaijani president

Azerbaijani president begins state visit to China

4 months ago
Security agencies provoking protesters to violence; protests will continue: Adegboruwa

Security agencies provoking protesters to violence; protests will continue: Adegboruwa

1 year ago

Popular News

  • Israeli president says situation ‘very serious’ amid judicial overhaul debate

    Israeli president says situation ‘very serious’ amid judicial overhaul debate

    0 shares
    Share 0 Tweet 0
  • Buhari arrives Washington for U.S.-Africa leaders summit

    0 shares
    Share 0 Tweet 0
  • I snubbed governors Tinubu sent to beg me after election; I’ll not stop fighting until Supreme Court rules: Atiku Abubakar

    0 shares
    Share 0 Tweet 0
  • Kenyans hold candlelit vigil in solidarity with Palestine amid deuterating situation in Gaza Strip

    0 shares
    Share 0 Tweet 0
  • After two years of SEC denial, Oando can finally hold AGM

    0 shares
    Share 0 Tweet 0

Connect with us on Facebook

Subscribe to Our Newsletter

Enter your email now to join our community of readers, and get new contents straight to your inbox

We promise to not spam you

Thanks for joining in.

Category

  • Africa
  • Benin
  • Burkina Faso
  • Business
  • Cote D'Ivoire
  • Cover Story
  • Diplomacy
  • ECOWAS
  • Education
  • Embassy News and Info
  • Events
  • Ghana
  • Guinea
  • Guinea Bissau
  • International
  • Liberia
  • Mali
  • News
  • Niger
  • Nigeria
  • Politics
  • Programs
  • Security
  • Senegal
  • Sierra Leone
  • The Gambia
  • Togo
  • Uncategorized

Quick Links

  • About
  • Contact
  • Privacy Policy
  • Advertise

About Us

Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

© 2023 Diplomatic Info - Built with Love by Creovantage.

No Result
View All Result
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Business
  • Politics
  • Security
  • News
  • Cover Story
  • Africa
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • The Gambia
    • Cote D’Ivoire
    • Ghana
    • Cabo Verde
    • Benin
    • Burkina Faso
  • International
  • Contact

© 2023 Diplomatic Info - Built with Love by Creovantage.