In a statement, Zoom said it’s now enforcing a “structured hybrid approach,” meaning that employees who live near an office must return to to it for a “set number of days” because it’s “most effective” for the video-conferencing service. “As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers.
However, businesses have faced some pushback from employees after workers grew accustomed to greater flexibility. Zoom\n \n has had its own difficulties as demand wanes following a pandemic-fueled surge. In February, Zoom\n \n cut approximately 15% of its staff, amounting to about 1,300 employees, after growing too quickly. Members of the executive leadership team also reduced their base salaries by 20% for the coming fiscal year and forfeited their fiscal year 2023 bonuses.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DeSantis' 'anti-woke' bills are costing Florida millions of dollars in business | CNN BusinessA slew of new bills signed into law by Republican Florida Gov. Ron DeSantis has draped the Sunshine State in controversy, spurring protests, lawsuits and travel advisories warning the state is “openly hostile” toward people of color, immigrants, women and LGBTQ+ community members.
Source: CNN - 🏆 4. / 95 Read more »
Blockbuster heatwave helping drive summer movie box office | CNN BusinessWhat are some of the most packed movie screenings at the Maya Cinemas Fresno 16 in Fresno, California, these days? “Oppenheimer?” The multiplex’s dozen daily showings of “Barbie?” Actually, it’s the matinees of both.
Source: CNN - 🏆 4. / 95 Read more »
Berkshire Hathaway swings to a profit, boosted by massive investment gains | CNN BusinessBerkshire Hathaway on Saturday reported a jump in earnings in the second quarter of 2023, recovering from large investment losses a year ago, when the bear market flummoxed even the most successful investors like Berkshire Chairman Warren Buffett.
Source: CNN - 🏆 4. / 95 Read more »
Wells Fargo says missing deposits glitch is resolved | CNN BusinessThe Wells Fargo glitch that made some customers’ direct deposits disappear from their bank accounts is over, the bank said on Saturday.
Source: CNN - 🏆 4. / 95 Read more »
We're way past hard seltzer: The spiked drinks keep coming | CNN BusinessJust about every non-alcoholic drink has an alcohol-infused, or spiked, twin. Coconut water, cold brew, SunnyD, Mountain Dew, Fresca and AriZona Iced Tea are just a sample of the spiked beverages being sold across the country.
Source: CNN - 🏆 4. / 95 Read more »
The big bottleneck for AI: a shortage of powerful chips | CNN BusinessThe crushing demand for AI has also revealed the limits of the global supply chain for powerful chips used to develop and field AI models.
Source: cnni - 🏆 326. / 59 Read more »