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HISTORICAL FACTS: 11 | History Defined

Tech giant Salesforce is caught in a war with employees that sums up the pandemic workplace

It’s not the first time Marc Benioff has suggested remote work was bad for productivity.

Fortune

Salesforce braces for investor pressures

After years of fast growth and costly acquisitions, Salesforce is facing post-pandemic realities that have taken a toll on Big Tech sales and profits.

Tribune News Service

Salesforce CEO Marc Benioff says his rambling 2-hour all-hands meeting about layoffs was a bad idea

In January, Salesforce said it would lay off 10% of its employees. A call after the news broke didn't bode well with employees, and now, CEO Marc Benioff admits it was a bad idea.

Fortune

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1 Tech Stock You'll Wish You Bought Sooner

Leading cloud-based software company Salesforce (CRM) delivered double-digit top-line growth in its last reported quarter. Moreover, the company raised its guidance for fiscal 2023. CRM is well-positioned to achieve solid growth owing to product innovations and multi-cloud expansions. Therefore, this tech stock is an ideal buy now. Read on….

StockNews.com

Gold rush fever over ChatGPT hits Bret Taylor as the former Salesforce crown prince set to found his 3rd startup

Instead of inheriting the throne from Marc Benioff, Taylor seizes on the A.I. trend, his latest bandwagon after previously selling his two previous companies to Facebook and Salesforce.

Fortune

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

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

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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

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

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

Activist investor Elliott sets its sights on Salesforce

What Elliott wants, it typically gets.

Axios

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

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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.

The Guardian - UK

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

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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.

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

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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