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RingCentral to Lay Off 50 Employees at its Headquarters - SBFT

By Sam Boughedda RingCentral (NYSE:RNG), the cloud communications company, is planning to lay off 50 employees at its headquarters, according to a report from the San Francisco...
RingCentral to Lay Off 50 Employees at its Headquarters - SBFT © Reuters. RingCentral (RNG) to Lay-Off 50 Employees at its Headquarters - SBFT

By Sam Boughedda

RingCentral (NYSE:RNG), the cloud communications company, is planning to lay off 50 employees at its headquarters, according to a report from the San Francisco Business Times on Friday.

RingCentral, a provider of cloud-based communication and collaboration products and services for businesses, has seen its shares fall by around 2% during today's session.

The company reportedly revealed its plans in a notice this week, with the lay-offs occurring in two rounds of 25 at its offices in Belmont, San Francisco, on September 18 and September 25.

An email by a RingCentral representative, seen by the SFBT, stated the lay-offs are a result of "making choices on where to invest to maximize impact, drive for greater efficiency, and optimize for growth."

"We have a team of more than 700 people locally and no plans to leave the Bay Area," they added.

The positions impacted are said to spread across the business, with only one area seeing two people with the same job title cut. However, there will be over 12 senior roles included in the lay-offs, such as a vice president of marketing operations and strategy, several senior software engineers, and a senior systems integration manager.

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13-08-2022 10:14:17 (UTC+7)

EUR/USD

1.0261

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EUR/USD

1.0261

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133.46

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AUD/USD

0.7121

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136.93

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44.155

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54.15

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181.08

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Adidas AG

173.20

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6.588

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111.84

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9.061

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 EUR/USD1.0261↑ Buy
 GBP/USD1.2135↑ Sell
 USD/JPY133.46↑ Sell
 AUD/USD0.7121↑ Sell
 USD/CAD1.2774↑ Buy
 EUR/JPY136.93Sell
 EUR/CHF0.9659↑ Sell
 Gold1,818.40↑ Buy
 Silver20.835↑ Buy
 Copper3.6783↑ Buy
 Crude Oil WTI91.88↑ Buy
 Brent Oil98.01Buy
 Natural Gas8.780↑ Buy
 US Coffee C227.53↑ Buy
 Euro Stoxx 503,776.81Sell
 S&P 5004,280.15↑ Buy
 DAX13,795.85Neutral
 FTSE 1007,500.89Neutral
 Hang Seng20,175.62↑ Buy
 Small Cap 20002,013.09↑ Buy
 IBEX 358,400.40↑ Sell
 BASF44.155↑ Buy
 Bayer54.15↑ Buy
 Allianz181.08↑ Sell
 Adidas173.20↑ Buy
 Lufthansa6.588↑ Sell
 Siemens AG111.84↑ Sell
 Deutsche Bank AG9.061↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,720
(0/ 0) # 1,655
SJC HCM6,660/ 6,760
(30/ 30) # 1,651
SJC Hanoi6,660/ 6,762
(30/ 30) # 1,653
SJC Danang6,660/ 6,762
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SJC Nhatrang6,660/ 6,762
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SJC Cantho6,660/ 6,762
(30/ 30) # 1,653
Cập nhật 13-08-2022 10:14:20
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$1,801.89+12.740.71%
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Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
EUR23.498,0024.813,92
GBP27.761,8728.945,83
JPY170,70180,72
KRW15,5018,89
Cập nhật lúc 10:07:49 13/08/2022
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