Skip to main content

Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand | Technology News

Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.

Labels:

Comments

Post a Comment

Popular posts from this blog

OpenAI Adds a Library Feature in ChatGPT to Let Users Find Their AI-Generated Images in One Place | Technology News

OpenAI Adds a Library Feature in ChatGPT to Let Users Find Their AI-Generated Images in One Place OpenAI is rolling out a new library feature in ChatGPT that will allow users to check all their images generated using artificial intelligence (AI) in a single view. Announced on Wednesday, the new feature is available to all registered ChatGPT users across all its interfaces. The San Francisco-based AI firm said that the library will act as a space to let users brows...
Post a Comment
Read more

OpenAI Said to Be Working on Weekly and Lifetime ChatGPT Subscription Plans | Technology News

OpenAI Said to Be Working on Weekly and Lifetime ChatGPT Subscription Plans OpenAI might be working on introducing more duration-based subscription plans. A tipster shared strings of code from the ChatGPT app and found mentions of a weekly and a lifetime subscription for the artificial intelligence (AI) chatbot. These tiers could be part of the ChatGPT Plus plan. Notably, the pricing details of the tiers are currently unclear.
Post a Comment
Read more

OpenAI Is Planning to Release an Open-Source Reasoning-Focused AI Model | Technology News

OpenAI Is Planning to Release an Open-Source Reasoning-Focused AI Model OpenAI is planning to release an open-source artificial intelligence (AI) model. This would be the San Francisco-based AI firm’s first open-source reasoning-focused AI model, and it is expected to be released in the next few months. This will be the company’s first open-source release since the GPT-2 model, which was introduced in November 2019.
Post a Comment
Read more