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HISTORICAL FACTS: 41 | History Defined

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

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.

Bangkok Post

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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….

StockNews.com

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.

WEKU

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…

Asharq Al-Awsat

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.

The Times of India

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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.

Fortune

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.

Los Angeles Times

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

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

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

Birmingham Post

Salesforce and Twitter show how tech severance packages vastly differ

The parameters and details of severance packages vary widely across the tech sector.

Fortune

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

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Tribune News Service

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.

Fortune

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

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.

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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.

France 24

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…

StockNews.com

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.

Fortune

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

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.

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

France 24

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…

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