How businesses are preparing a new generation of finance leaders A new generation of talent is reevaluating their relationship to where, how, and why they work. Fortune · Jan 12, 2023
Salesforce discloses plans to ax more than 700 Bay Area tech workers Salesforce has revealed plans to jettison well over 700 workers in the Bay Area one of the largest rounds of layoffs yet for the region’s woozy tech sector, according to a new filing with state labor officials. Tribune News Service · Jan 11, 2023
How determine the right number of employees to hire to avoid layoffs Two talent experts share how employers can prevent mass layoffs due to overhiring talent. Fortune · Jan 10, 2023
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 · Jan 7, 2023
Some Salesforce offices are 90% empty Salesforce tells staff it's scaling back its office space after cutting 10% of staff. Fortune · Jan 6, 2023
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 · Jan 6, 2023
Bloodbath of layoffs in tech sector continues into 2023 Amazon and Salesforce are the latest big names to slash thousands of jobs, joining over a thousand more tech companies to have axed employees since the start of last year. On this week's Tech 24, we take a look at the reasons behind the layoffs, and at what employees in… France 24 · Jan 6, 2023
Salesforce Announces Layoffs, Gets Mocked by Burry -- But Still Looks Better Than its Rivals CRM is laying off people and closing its offices, but it's still far ahead of its competitors in many ways. StockNews.com · Jan 6, 2023
Slack employees are troubled by 'culture clash' with Salesforce Executives at Slack, the workplace chat app acquired by in 2020, sought to allay employee concerns about Slack’s future Thursday in the wake of recent layoffs, even as they acknowledged a rift between the two companies’ corporate cultures. In an hourlong internal Q&A with Slack employees Thursday, Slack’s senior leadership… Fortune · Jan 6, 2023
Big Tech is ringing in 2023 with thousands of layoffs—and there’s no end in sight Amazon and Salesforce job cuts signal that the new year will bring more employee reductions, with some rival companies now in the spotlight. Fortune · Jan 5, 2023
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 · Jan 5, 2023
In latest tech layoffs, Amazon says it will cut 18,000 jobs E-commerce giant Amazon has announced it will lay off 18,000 people. CEO Andy Jassy says the cuts will mostly affect the human resources teams and the Amazon Stores operations, and will represent around 6 percent of the company's 300,000 corporate workforce. This comes after similar layoff plans took place at… France 24 · Jan 5, 2023
Amazon CEO says company will lay off more than 18,000 workers The layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year. WEKU · Jan 5, 2023
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 · Jan 5, 2023
The Independent UK · Jan 5, 2023 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
Fortune · Jan 4, 2023 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.
Evening Standard · Jan 4, 2023 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
ABC News · Dec 23, 2022 Post-Christmas Boxing Day sales forecast to reach record $23.5 billion Australian shoppers are expected to spend a record $23.5 billion during the Boxing Day sales period — an increase of 7.9 per cent on last year.
Fortune · Dec 16, 2022 '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."
StockNews.com · Dec 15, 2022 2 Software Stocks to Buy This Week and 2 to Avoid 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…
StockNews.com · Dec 15, 2022 Should Investors Buy the Dip in Salesforce Stock? 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…
Fortune · Dec 5, 2022 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.
Asharq Al-Awsat · Dec 5, 2022 Slack CEO Butterfield to Depart Next Month 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…
The New Daily · Dec 4, 2022 Underused COVID app to be part of ‘lobbying scandal’ inquiry Agencies on notice over the "lobbying scandal" focusing on contracts in areas of the government overseen by Stuart Robert.
Fortune · Dec 2, 2022 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.