people · May 16, 2026
ZoomInfo Stock Plunges After Announcing 600 Job Cuts and Weakened Guidance
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ZoomInfo Technologies Inc. stock declined following the announcement of 600 layoffs and lowered full-year sales forecast by about $60 million. The cuts target go-to-market and G&A functions while shifting focus to AI-driven services. CEO Henry Schuck communicated details to employees on May 11, 2026. The company reported disappointing first-quarter 2026 results on May 11, 2026.
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