The Latest Breaking News from Salesforce

The layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.

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

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

Despite the aggressive rate hikes that plagued tech stocks since the start of the year, the software industry’s prospects look strong, thanks to rapid digitalization and demand for cloud-based solutions. While fundamentally strong software stocks Salesforce (CRM) and Mitek Systems (MITK) could be worth buying to capitalize on the industry’s…

Salesforce (CRM) has endured a fate similar to most tech stocks this year. The customer relationship management provider has fallen more than 48% from its 52-week high. However, with the company guiding for a solid end to the year, will it be wise for investors to buy the dip in…

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

Slack Chief Executive Officer Stewart Butterfield plans to leave the workplace messaging platform in January, parent company Salesforce Inc said on Monday. Lidiane Jones, who is the senior vice-president of product management for Salesforce Commerce Cloud, will take over as CEO of Slack, a company spokesperson said. Business Insider had…

Agencies on notice over the "lobbying scandal" focusing on contracts in areas of the government overseen by Stuart Robert.

Marc Benioff is once again Salesforce's sole CEO.