Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

WFH officially over as Zoom orders employees back to office

Published

on

Zoom is set to buy Five9

Zoom, the video communications company that experienced exponential growth during the pandemic, is marking the end of an era by asking its employees to return to the office.

In response to the changing work landscape, Zoom has adopted a structured hybrid approach, requiring employees residing within 50 miles of a company office to come in for at least two days per week.

Zoom management says the move aims to facilitate better team interaction and foster innovation within the organization.

Pandemic stock

During the pandemic, Zoom’s popularity soared as it became the go-to platform for remote work communication, leading to a six-fold increase in the company’s shares in 2020.

However, as the world gradually adapted to the new normal, with employees returning to their physical offices, the reliance on video conferencing declined, causing Zoom’s stock to plummet, resulting in a significant loss of market value.

In January 2022, only a mere 2% of Zoom’s employees worked on-site.

Nonetheless, the company continues to maintain offices in San Jose, California, and Denver, Colorado, along with several international sites, employing over 8,400 people globally.

Despite the shift back to the office, Zoom is committed to leveraging its platform to keep employees and teams connected and efficient.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now