Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Tag: CRM
Salesforce will lay off 10% of staff as part of restructuring
Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Salesforce co-CEO Bret Taylor leaving, stock falls after lower-than-expected forecast
Salesforce Inc. performed better than expected in the third quarter, but executives issued a fourth-quarter forecast that fell short of expectations on Wednesday and revealed that co-Chief Executive Bret Taylor Read more
Dow soars more than 1,000 points for first time since 2020 as investors cheer cooling U.S. inflation
U.S. stocks were on track for their biggest daily gain since 2020 as the Dow soared more than 1,000 points and investors cheered a lower-than-expected reading on the October consumer-price Read more
Why Okta, Twilio and Salesforce are bucking the trend of cloud-software stocks’ slide
Cloud-software stocks continued to sell off Monday, following one of the space’s worst weeks ever, although not as fast as Friday selloff as a few beaten-up stocks received upgrades and Read more
The cloudburst is upon us: Cloud-software stocks suffering worst declines on record
The lining in cloud-software stocks Friday was blood red instead of silver. Forecasts from former software darlings this week added to fears about businesses cutting back on capital spending in Read more
Salesforce stock pops after report says Starboard owns a ‘significant’ stake in software giant
Shares of Salesforce Inc. popped 6% in premarket trading Tuesday after CNBC reported that activist investor Starboard Value LP had taken a “significant” stake in the software company. The report Read more
Opinion: Downtown San Francisco became the epicenter of Silicon Valley’s boom, but now it must be reinvented
After a 21st-century gold rush created by big tech, downtown San Francisco is going to have to reinvent itself. Again. The city of undulating streets, panoramic views, and booms and Read more
At Dreamforce, Al Gore highlights progress on EVs, energy, but calls next years ‘crucial’
““Political will is itself a renewable resource. Let’s renew it.”” — Al Gore Former Vice President Al Gore had good news and bad news for a packed theater at a Read more
Larry Summers predicted inflation, but now he’s looking on the bright side
““I would give you one very simple economic truth: Would you rather live in a country that capitalists are rushing to go into, or would you rather live in a Read more