Zoom Video Communications Inc. slumped in early trading Friday after abruptly terminating the employment of the former Google executive who had only started at the firm in June.
By Brody Ford and Ryan Vlastelica
Shares of the video-conferencing software company fell as much as 2% in premarket, putting them on track to extend their decline this week to more than 6%. Tomb will receive severance benefits in accordance with arrangements that are payable upon a “termination without cause,” the company said in a regulatory filing. The move is effective Friday.
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