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The Latest Breaking News from Marc Benioff

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

Salesforce Leaps On Possible Board Changes Following Activist Stake

Salesforce is said to be mulling big board changes following news that activists have taken stakes in the enterprise software group.

The Street

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

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read the most diverse news in one place.

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

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

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

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news in one place.

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Dublin Live

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

The Guardian - UK

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 Independent 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

Fortune

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.

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news in one place.

100’s of premium titles.
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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.

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.

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People

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