Zoom video communication inc5/24/2023 On February 7, 2023, Zoom announced a reorganization, during which the number of employees on the company's staff will be reduced by 15%. Zoom CEO Eric Yuan said the company sees new opportunities for business development and is going to increase investment. Since the beginning of 2022, the rate of quotations of the developer of the video conferencing service has fallen by 33% and decreased by almost 80% from the peak values registered in October 2020. On the day of the financial statements, Zoom shares fell in price by 1% despite the fact that the company's results were above market expectations. ![]() South America The shares EMEA (,) and Europe Middle East Africa Asia-Pacific were 18.6% and 14.4%, respectively. The number of customers who spend more than $100,000 on Zoom services over the year increased by 66% and reached 2,725 by the end of fiscal 2022.Ībout 66.9% of Zoom's revenue comes from countries and Northern. By the end of January 2022, Zoom had 509,800 customers among companies employing more than 10 people, up 9% from a year earlier. This category includes mainly representatives of small and medium-sized businesses. In this regard, there is a decrease in revenue from enterprises with 10 employees or less. The head of the company Eric Yuan for the first time entered the ranking of billionaires ForbesĪlso, as SiliconANGLE writes, Zoom's position weakens competition from platforms such as Cisco Webex and Microsoft Teams.Zoom transmits traffic to servers in China.Zoom has become more expensive than IBM.Accusation of cheating users and poor protection of their data.In the top 50 largest Internet sites in the world.Revenue growth by 326%, to $2.65 billion.Additional placement of shares for $2 billion.Ban on sales to state institutions and state-owned companies in Russia and the CIS. ![]() Zoom backed down and allowed the Russian authorities and state-owned companies to use his connection.Purchase of the developer of the speech translation system in real time Kites.Purchase of a cloud platform developer for call centers for $14.7 billion.Payment to users of $85 million due to data exchange with Facebook and hacker attacks. ![]()
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