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The Latest Breaking News from Marc Benioff

Marc Benioff's dinner with 'neighbor' Sam Altman

Salesforce CEO Marc Benioff tells wary investors about next steps for the company's A.I. ambitions, and about his 'neighbor,' OpenAI founder Sam Altman.

Fortune

Stocks Dip Ahead of Debt Ceiling Vote, Jobs Data, Jamie Dimon, HP Sales Miss, Salesforce Earnings on Deck - 5 Things To Know

Stock futures lower as debt ceiling deal heads for House vote; JOLTS jobs data in focus as Fed rate bets accelerate; JPMorgan CEO Jamie Dimon urges 'real engagement' between the U.S. and China; HP shares slide as softer PC demand clouds Q2 earnings beat and Salesforce earnings on deck as…

The Street

Is ‘shareholder supremacy’ driving the layoffs in tech?

Listed firms put their shareholders first when making decisions even if it leaves employees susceptible to job cuts.

Al Jazeera

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American worker productivity is declining at the fastest rate in 75 years—and it could see CEOs go to war against WFH

EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says.

Fortune

Nobody wants to give you criticism over Zoom, and it's hurting your career

Software engineers at a Fortune 500 tech firm got more and better feedback when they went into the office, a huge new study found. Like, a lot more.

Fortune

Weenies are back on the menu for Silicon Valley

In the "Year of Efficiency," executives could take a page out of Microsoft's infamous "Shrimp and Weenie" memo.

Fortune

Over 150,000 people have been let go so far this year. Are layoffs a confession of bad management?

If 2023 is “the year of efficiency,” what were the CEOs of Meta, Amazon, and others doing in all those previous years?

Fortune

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‘I’m willing to take the bullets': Marc Benioff says he can juggle empathy, cost cuts, and layoffs as he doubles down on efficiency at Salesforce

Can Benioff maintain a “we’re family” culture amid tough times?

Fortune

Salesforce, Elliott Management Avoid Battle Over Board Of Directors

Salesforce and Elliott Management said Monday the activist investor will not move ahead with a plans to nominate its own slate of directors.

Investors Business Daily

Salesforce pulls the plug on Future Forum research group

When Future Forum launched in 2020, its head wrote that “the sudden move to remote work provides the opportunity to question decades of orthodoxy about a 9-to-5, office-centric, homogeneous work culture.”

Fortune

The top 3 initiatives your CEO wants to see in your talent strategy

When it comes to talent strategy, CEOs are focused on performance, productivity, and reducing spending in 2023.

Fortune

Zuckerberg asks workers to 'find more opportunities' to work in-person

Zuckerberg encouraged employees to “find more opportunities to work with your colleagues in person.”

Fortune

Tech sector has gone from its ‘best year’ to the verge of a recession

It’s been a stark reversal for tech companies’ fortunes over the past two years, and it could get even worse.

Fortune

Salesforce CEO Marc Benioff says some workers 'do better' in the office

Yet Benioff, who criticized office mandates last June, says he doesn't want to "force" people back to in-person work.

Fortune

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Fortune

Balancing employee well-being and productivity drives performance

Salesforce CEO Marc Benioff told employees that wellness culture overpowered high performance. But employee well-being ultimately drives long-term productivity, experts say.

Fortune

Salesforce lowers 'gratitude' bonus for employees

Salesforce doles out 70% of its annual "gratitude bonus" to employees, down from last year's 110%.

Axios

Big Tech bows to the ways of Wall Street

Layoffs and share buybacks never looked so good.

Fortune

Marc Benioff’s pivot to layoffs and austerity has analysts singing his praises and celebrating a ‘masterpiece’ quarter from Salesforce

Salesforce “delivered a monster quarter and guide for the ages that will silence the doubters this morning,” analyst Dan Ives wrote in Thursday research note.

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Fortune

Salesforce CEO Marc Benioff's message to leaders: Do you need to unleash the Elon within you?

Like Twitter, Salesforce plans to "run lean and mean" amid growing pressure from investors.

Fortune

Salesforce just said goodbye to its M&A committee

Salesforce bows to investor demands and disbands its mergers and acquisitions team.

The Street

Salesforce Under Fire For Paying Celebrity $10 Million Despite Layoffs

The Oscar winner's paycheck is leaving critics dazed and confused.

Fortune

Activists should sail away from their doomed attack on Benioff’s Salesforce

The activist investors targeting Salesforce don't have Marc Benioff's track record. Here's why the Salesforce CEO will outflank them.

Fortune

Salesforce reportedly pays actor Matthew McConaughey $10m a year despite layoffs

McConaughey has reportedly been involved in "high-level corporate discussions" as well as fronting multi-million dollar adverts.

The Street

Stocks Nudge Higher, Novavax, HP, Lowe's, Salesforce in Focus - Five Things To Know

Stocks nudge higher on strong China data after February slump; Novavax plunges as vaccine maker casts doubt on company's future; HP shares get boost from solid profit outlook, cost-cutting; Lowe's earnings on deck after muted Home Depot spending outlook and Salesforce earnings to highlight extent of activist pressure on CEO…

The Independent UK

Anger as Salesforce ‘paying Matthew McConaughey $10m a year for creative advice’ as it lays off hundreds

McConaughey is reportedly a friend of Salesforce founder and co-CEO Marc Benioff

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