Remote work is changing the way new apartments are designed “Three years ago, we would’ve never thought about what the background looks like on a Zoom call. Those are things we’re thinking about." Fortune · Feb 5, 2023
New waves of tech layoffs will eliminate more than 1,000 Bay Area jobs FREMONT — Five tech companies, including software and hardware firms, have revealed plans to slash well over 1,000 Bay Area jobs, marking a fresh wave of cutbacks, new state government filings show. Tribune News Service · Feb 3, 2023
Trouble in Marc Benioff's cloud paradise Salesforce's Ohana motto likens the company to a family. But recent layoffs have caused tensions in the family. Fortune · Feb 3, 2023
Oracle, Salesforce and 1 Other Software Stock to Buy in 2023 The software industry encountered various macroeconomic challenges last year. However, the industry's prospects remain strong, owing to increased IT spending and growing cloud services adoption. Hence, it could be wise to invest in fundamentally sound software stocks Oracle (ORCL), Salesforce (CRM), and Progress Software (PRGS) this year. Continue reading…. StockNews.com · Feb 3, 2023
1,900 employees disappear from Salesforce’s all-employee Slack channel as layoffs leave those still with jobs confused and upset One laid-off worker had just received a surfboard from the company as congratulations for five years of service. Fortune · Feb 2, 2023
PayPal chops hundreds of Bay Area jobs in fresh jolt to tech sector SAN JOSE, California — PayPal has revealed plans for a fresh round of job cuts in San Jose, a staffing reduction that serves as a disquieting sign that the Bay Area’s tech layoffs have yet to run their course. Tribune News Service · Feb 2, 2023
Salesforce to lay off 200 employees from Dublin office The tech giant announced last month that it was slashing 10% of its jobs i.e. around 8,000 of its workforce globally in another major blow to the tech industry Dublin Live · Feb 2, 2023
It’s no surprise Salesforce’s shareholders are demanding a reset But that doesn’t necessarily mean a rejection of Marc Benioff’s social focus. Fortune · Jan 30, 2023
Salesforce Stock: Buy or Sell Right Now? Salesforce (CRM) reported higher-than-expected EPS and revenue in the fiscal third quarter. Moreover, the company has guided for a strong end to fiscal 2023. However, with competition rising in various parts of its business and economic conditions remaining uncertain, will it be wise to buy the stock now? Read on… StockNews.com · Jan 27, 2023
A top tech analyst just warned another 15% to 20% of big tech employees could be laid off over the next 6 months “Ultimately, it keeps coming back to, simply, these companies added too many people too fast,” Deepwater Asset Management’s Gene Munster said on Monday. Fortune · Jan 23, 2023
Apple, Disney, Salesforce: Why are the world’s best companies failing to innovate on the future of work? Disney and Apple have adopted a traditionalist perspective on how to innovate, which ironically hinders innovation, writes Gleb Tsipursky. Fortune · Jan 23, 2023
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 · Jan 23, 2023
Activist investor Elliott sets its sights on Salesforce What Elliott wants, it typically gets. Axios · Jan 23, 2023
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 · Jan 22, 2023
Bangkok Post · Jan 19, 2023 Salesforce boosts firms via digital power Amid global challenges, businesses need to gear up for cost efficiencies, increase productivity through automation and find the right solutions to accelerate growth while gaining customer insights through real-time data collection and analytics.
StockNews.com · Jan 19, 2023 2 No-Brainer Large Caps to Add to Your Portfolio Right Now With concerns of an impending recession, it may be wise for investors to invest in large-cap companies as they are least affected by economic cycles. Therefore, fundamentally strong large-cap stocks Walmart (WMT) and Procter & Gamble (PG) could stabilize investors’ portfolios. Read more….
WEKU · Jan 18, 2023 Microsoft slashes 10,000 jobs, the latest in a wave of layoffs Amazon, Salesforce and Goldman Sachs have also announced cuts during a brutal January for corporate workers.
Asharq Al-Awsat · Jan 18, 2023 Microsoft to Cut Staff Again Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday. The computer industry stalwart could announce layoffs in its engineering divisions as early as Wednesday, Bloomberg News reported. A Microsoft spokesperson…
The Times of India · Jan 18, 2023 Microsoft to layoff thousands of workers, says report NEW DELHI: Microsoft employees are facing yet another bout of job cuts, as tech giants continue to pare staf amid persisting challenges to global economy.
Fortune · Jan 17, 2023 Technology has set us on a path toward one of two dystopian scenarios–but it's not too late to save democracy Societal trust is fraying. That's bad news if we want a functioning economy, writes Salesforce's Peter Schwartz.
Los Angeles Times · Jan 17, 2023 Commentary: Think Big Tech’s thousands of layoffs indicate a coming recession? Think again Amazon is laying off more than 18,000 workers. Salesforce is shedding 8,000, and Twitter has let go thousands more.
Fortune · Jan 15, 2023 Tech giants are shedding workers and real estate. Employees-turned-entrepreneurs could win big—and snag sweet offices “Laid-off tech workers who choose to take control of their destiny and start companies” will be the year's big winners, predicts Jason Calacanis.
Fortune · Jan 14, 2023 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.
Birmingham Post · Jan 12, 2023 The 50 best UK companies to work for in 2023 Employment website Glassdoor has put together its list of the top businesses in the country to work for this year
Fortune · Jan 12, 2023 Salesforce and Twitter show how tech severance packages vastly differ The parameters and details of severance packages vary widely across the tech sector.