Back in 2020, Zoom was one of the hottest software companies in the world. Its video conferencing software surged in popularity due to millions of people being confined to home offices because of ...

Zoom is laying off approximately 1,300 employees ... Yuan also announced that he would be taking a temporary pay cut this fiscal year, reducing his salary by 98 percent and not taking a bonus.

The disruptions plagued the Zoom meeting, forcing several pauses and ultimately its termination. The disruption occurred ...

Zoom laid off approximately 1,300 employees in February after its net profit plummeted from its pandemic-induced high, while founder and CEO Eric Yuan also took a temporary pay cut of 98 percent.

With the 98 per cent pay cut, his new salary for 2023 would be about $6,000. Zoom stock rose 6 per cent to $81.92 after the news was disclosed. The stock benefited greatly at the start of the pandemic ...