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The Latest Breaking News from Marc Benioff

Salesforce Stock Higher As Elliott Management Builds Activist Stake

Elliott joins Starboard Value as activists with a significant stake in Salesforce as it moves ahead with cost cuts and margin improvement plans under CEO Marc Benioff.

The Street

Stocks Mixed, Tech Earnings, Salesforce, AMD, Debt Ceiling - Five Things To Know

Stock futures mixed as market eyes tech, dollar slides; Week Ahead: big earnings wave, PCE inflation data in focus; Salesforce shares leap as Elliott Management builds activist stake; AMD shares extend gains after Barclays upgrade and lawmakers move to tweak debt ceiling calculation.

The Street

Activist investor Elliott sets its sights on Salesforce

What Elliott wants, it typically gets.

Axios

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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

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

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Some Salesforce offices are 90% empty

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

Fortune

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

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Evening Standard

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

Investors Business Daily

Salesforce To Cut 10% Of Workforce Amid Tech Sector Slowdown

Salesforce will cut 10% of its workforce and reduce office space as part of a restructuring plan amid expectations growth will slow.

The Street

Salesforce Unveils Big Job Cuts, Restructuring Plans As CEO Marc Benioff Tightens Grip

"The environment remains challenging and our customers are taking a more measured approach to their purchasing decisions," said CEO Marc Benioff.

The Street

Disney and Nike Share a Tough and Wild Story Together

The Dow Jones Industrial Average had a wild ride this year, facing multiple headwinds. Here's a look at the five worst performing stocks of the 30 companies the index tracks.

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news in one place.

100’s of premium titles.
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The Street

The Top 5 Dow Stock Losers of 2022

The Dow Jones Industrial Average had a wild ride this year, facing multiple headwinds. Here's a look at the five worst performing stocks of the 30 companies the index tracks.

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.

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.

Investors Business Daily

Stock Market Slips After Cooler-Than-Expected Inflation, Salesforce Shake Up

The stock market slipped Thursday as cooler-than-expected inflation faced off with Salesforce's shake-up on leadership.

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People

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