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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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From: elmatador4/10/2020 2:46:49 PM
   of 13801
 
One key driver for Zoom’s profitability is its large engineering team in China, where average tech salary is relatively lower than in the U.S.

“Our product development team is largely based in China, where personnel costs are less expensive than in many other jurisdictions,” Zoom wrote in a regulatory filing.

“Our product development team is largely based in China, where personnel costs are less expensive than in many other jurisdictions,” Zoom wrote in its filing.

“If we had to relocate our product development team from China to another jurisdiction, we could experience, among other things, higher operating expenses, which would adversely impact our operating margins and harm our business.”

cnbc.com
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