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Briefing

Zoom Video Reveals Customer Decline in Q4

By
Martin Peers
· · Source: The Information

Zoom Video Communications revealed that the total number of businesses using its service fell slightly in the January quarter, a vivid reminder of how much the pandemic star has fallen from grace. Zoom said that 509,800 firms with more than 10 employees used its service in the quarter, down from 512,100 in the October quarter. That number had skyrocketed, from 81,900 immediately before the...

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Jamie Dimon, chief executive officer of JPMorgan Chase. Photo by Bloomberg.
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