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The Latest Breaking News from Marc Benioff

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

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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

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

Evening Standard

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.

Investors Business Daily

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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.

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.

The Street

'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

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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.

The Street

Salesforce Stock Slumps As Co-CEO Bret Taylor's Departure Clouds Q3 Profit Beat

“It’s bittersweet that Bret has decided to step down as my Co-CEO,” said Marc Benioff. “He made his mark on Salesforce as an incredible technologist, leader and friend to us all."

Fortune

Salesforce insiders stunned by co-CEO Bret Taylor departure

Salesforce co-CEO Bret Taylor has stepped down "to return to his entrepreneurial roots" according to a message from Marc Benioff to staff.

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news in one place.

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WEKU

The dollar is surging. This is who gets helped - and hurt - by its newfound strength

The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.

Investors Business Daily

Inspirational Quotes: Marc Benioff, Helen Keller And Others

Read inspirational quotes about seeing your broad mission, making the most of your situation and honoring freedom.

The Street

Bill Gates and George Soros Take Sides in the Abortion Debate

Very few CEOs have yet to react to the Supreme Court's landmark decision.

The Street

Salesforce Stock Leaps After Q1 Earnings Beat, Profit Forecast Boost

"We're just not seeing any material impact from the broader economic world ... our demand environment where demand is very strong," said founder and co-CEO Marc Benioff.

Benzinga

Salesforce Q1 Earnings Highlights: Revenue And EPS Beats, $42B Remaining In Revenue Under Contract, Guidance And More

Customer relationship management and software-as-a-service giant Salesforce.com Inc (NYSE: CRM) reported first-quarter financial results after market close Tuesday. Here are the key highlights.

Benzinga

'You Have To Look At Everything': Salesforce's CEO On How Growth Companies Can Survive This Market

Tech stocks are tumbling as the Federal Reserve wrestles with inflation in what is expected to be the central bank's most aggressive tightening cycle in more than 40 years.

Benzinga

7 Corporate Titans Who Took Over Media Companies: Adelson, Bezos And More

As opposed to expectations for a drawn-out soap opera, it took just three weeks for Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk to force the Twitter Inc. (NYSE: TWTR) board into yielding.

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People

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