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Fortune
Fortune
Kylie Robison

Salesforce lowers 'gratitude' bonus for employees

Salesforce CEO marc benioff (Credit: Stefan Wermuth/Bloomberg via Getty Images)

Salesforce employees are set to receive 70% of their annual "gratitude bonus" due to company's performance, CFO Amy Weaver and CPO Brent Hyder wrote to staff Friday in an email obtained by Fortune.

"As you heard from Marc during our recent earnings call, our profitability has improved in the last quarter of FY23. However, even with that success in Q4, we continued to face a measured buying environment and that affected new bookings," the two executives wrote to staff. "In short, we missed our internal FY23 bookings targets and therefore our annual financial results were, in aggregate, below target."

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