Ringcentral Layoffs 2025. Any news on severance pkg and location impact (us)? Ringcentral announced the pricing of $1.0 billion aggregate principal amount of 0% convertible senior notes due 2025.
From microsoft to twitter to avaya, tech companies have laid off workers totaling into the thousands. Downsizing related discussion, postings, questions and answers.
Ringcentral Layoffs Rolled Out Today.
Our cash balance reflects approximately $240 million paid in the fourth quarter of 2023 to repurchase a portion of our 2025 convertible notes.
Announced In August 2023 We Had Entered Into Individual, Privately Negotiated Repurchase Transactions With Certain Holders Of Our 0% Convertible Senior.
Ringcentral announced the pricing of $1.0 billion aggregate principal amount of 0% convertible senior notes due 2025.
Ringcentral Layoffs 2025 Images References :
The Notes Are Priced With A 50% Conversion.
Our cash balance reflects approximately $240 million paid in the fourth quarter of 2023 to repurchase a portion of our 2025 convertible notes.
The Jobs Cuts Come On The Heels Of A Strong Fiscal Second Quarter,.
Pursuant to the note repurchases, the company will pay approximately $425 million in cash to repurchase approximately $461 million aggregate principal.