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The Latest Breaking News from Marc Benioff

Activist investor Elliott takes stake in Slack owner Salesforce

US investment group typically buys stakes in underperforming firms and seeks changes to way they are run

The Guardian - UK

Activist investor Elliott sets its sights on Salesforce

What Elliott wants, it typically gets.

Axios

Layoffs etiquette: Microsoft and others are showing us what not to do when eliminating jobs

There’s no good way to eliminate thousands of jobs. But some ways are worse than others.

Fortune

From analysis to the latest developments in health,
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Are remote workers lazy?

Experts are conflicted on whether remote workers are more (or less) lazy than their in-office counterparts. Here's their advice for employers on increasing productivity.

Fortune

Goldman Sachs employees were laid off at ‘meetings’ they had been emailed calendar invites for: Report

Add “David’s Demolition Day” at Goldman Sachs to the debate on proper layoffs etiquette.

Fortune

Salesforce ‘Ohana’ in doubt after CEO Marc Benioff avoids questions about layoffs in all-hands meeting

“Ohana,” a Hawaiian concept Benioff wove into Salesforce's culture, conveys family bonds that encourage people to be responsible for each other.

Fortune

Some Salesforce offices are 90% empty

Salesforce tells staff it's scaling back its office space after cutting 10% of staff.

Fortune

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Salesforce’s once-famous “Aloha Spirit” is getting tested by its Slack, Tableau acquisitions

There’s trouble in paradise for co-founder and co-CEO Marc Benioff amid a rocky integration of the two high-priced companies.

Fortune

Job cuts and falling shares: how did it all go so wrong for the US tech sector?

As Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley

The Guardian - UK

Tech company Salesforce announces plans to cut 10 per cent of jobs

The organisation, work messaging app Slack, currently employs over 2,000 people in Ireland

Dublin Live

Amazon to axe 18,000 workers as more US tech firms cut jobs

Amazon boss blames economic uncertainty and recent rapid hiring while Salesforce cuts 8,000 roles, almost 1 in 10 staff

The Guardian - UK

Amazon, Salesforce jettison jobs in latest tech worker purge

E-commerce giant Amazon and business software maker Salesforce are the latest U.S. tech companies to announce major job cuts

The Independent UK

Salesforce cuts 10% of staff in layoffs as boss admits he 'hired too many people'

The software company will lay off around 8,000 people after going on a wild hiring spree during the pandemic.

Fortune

Hundreds of London tech employees face the sack as Salesforce slashes jobs

Salesforce employs over 2,500 people in the UK, according to its most recent filing with Companies House

Evening Standard

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Fortune

'Asking for a friend': Marc Benioff wants to know why Salesforce pandemic hires aren't as productive

Salesforce CEO Marc Benioff told staff that those hired in 2021 and 2022 are "facing much lower productivity."

Fortune

Slack founder Stewart Butterfield is the latest Salesforce exec to leave the company

Slack CEO Stewart Butterfield is departing the company along with the CPO and SVP of marketing.

Fortune

Just 7 Fortune 500 companies employ a co-CEO model after Bret Taylor's exit from Salesforce

Marc Benioff is once again Salesforce's sole CEO.

Fortune

Don’t let Bret Taylor’s Salesforce departure turn your board against co-CEOs. Here’s how to make it work

Asking two CEOs to share power can support diversity, help ward off burnout, and improve a company’s CSR score.

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news in one place.

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Fortune

Slack CEO on Bret Taylor exit: No way to spin this as a good thing

Slack CEO Stewart Butterfield sent a note to staff that his executive team was "surprised" by Bret Taylor's departure from the firm's parent company, Salesforce.

Fortune

Salesforce insiders stunned by co-CEO Bret Taylor departure

Salesforce co-CEO Bret Taylor has stepped down "to return to his entrepreneurial roots" according to a message from Marc Benioff to staff.

WEKU

The dollar is surging. This is who gets helped - and hurt - by its newfound strength

The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.

Benzinga

Salesforce Q1 Earnings Highlights: Revenue And EPS Beats, $42B Remaining In Revenue Under Contract, Guidance And More

Customer relationship management and software-as-a-service giant Salesforce.com Inc (NYSE: CRM) reported first-quarter financial results after market close Tuesday. Here are the key highlights.

Benzinga

'You Have To Look At Everything': Salesforce's CEO On How Growth Companies Can Survive This Market

Tech stocks are tumbling as the Federal Reserve wrestles with inflation in what is expected to be the central bank's most aggressive tightening cycle in more than 40 years.

Benzinga

7 Corporate Titans Who Took Over Media Companies: Adelson, Bezos And More

As opposed to expectations for a drawn-out soap opera, it took just three weeks for Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk to force the Twitter Inc. (NYSE: TWTR) board into yielding.

Benzinga

Aspiring Quantum Computing Firm Sandbox AQ Spun Off From Alphabet

Quantum computing aspiring firm Sandbox AQ spun off from Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), procured "nine figures" of funding, and signed several clients for its cybersecurity services, Reuters reports. Sandbox's investors include Schmidt, Breyer Capital, T. Rowe Price funds, and Salesforce.com Inc (NYSE:CRM) founder Marc Benioff's TIME Ventures. Sandbox would use cloud computing from Google Cloud and others.…

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People

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