So the company whose product helped facilitate remote work stock has returned to its pre-pandemic price? Not that surprising. Hardly on its last legs.
Comment on Zoom is cutting about 150 jobs, or close to 2% of its workforce
killeronthecorner@lemmy.world 5 months ago
Alternative headline: Company in death throes tries anything to survive including cutting off own head
NewNewAccount@lemmy.world 5 months ago
killeronthecorner@lemmy.world 5 months ago
Yes the markets love stagnation. I bet the investors who bought during the pandemic are thrilled!
Lay offs must be the start of the journey, right?
EdibleFriend@lemmy.world 5 months ago
What do you expect? Didn’t their CEO say work from home is shit, people don’t get things done that way, and they all need to be in the office?
killeronthecorner@lemmy.world 5 months ago
This is exactly what I expected. Lay offs and return to work policies are smoke and mirrors for managers trying to steady a sinking ship.
AWittyUsername@lemmy.world 4 months ago
Funny for a company that relies on it’s customers working from home.
jopepa@lemmy.world 5 months ago
In other news the CEO of Phillip Morris says cigarettes are not cool and kill people.
Even if there was any truth to the benefit of a shared workspace, why would this moron advocate for it? I swear CEOs are acting like the Producers more and more every day.