Salesforce.com Inc. investors are facing the company's first big pothole on the road to slower growth, just as they have recently put all their faith into co-founder Marc Benioff amid a slew of depart
Yahoo Finance Live anchors Dave Briggs and Seana Smith discuss Salesforce's restructuring initiatives as layoffs continue into the new year for the tech sector.
The announcement comes as growth has slowed significantly.

Why Salesforce Rose Today

02:19pm, Wednesday, 04'th Jan 2023
The company announced a restructuring plan that will see layoffs and a rationalization of office space.

Salesforce Under its Biggest Cloud Yet

02:02pm, Wednesday, 04'th Jan 2023
Layoffs add a new dimension to the software seller's unprecedented slowdown in growth.

Salesforce Cuts Jobs, Shares Rise

12:47pm, Wednesday, 04'th Jan 2023
Salesforce.com, the worldwide leader in CRM software, saw shares rise after announcing layoffs. What is the company outlook from here?
ISM Manufacturing And JOLTS Report to Release After The Bell.

Salesforce to Cut 10% of Workforce

11:49am, Wednesday, 04'th Jan 2023
Salesforce Inc. rose after saying it would cut about 10% of its workforce and reduce its real estate holdings, citing too much hiring during the pandemic-fueled boom and customers turning cautious on
After companies including Amazon and Meta announced significant job cuts in 2022, more layoffs are on the horizon, like at Vimeo and others in tech.
The company's growth has slowed during the past four quarters.
Salesforce is cutting 10% of its workforce and reducing some office spaces as part of a restructuring plan, the company announced Wednesday.

Salesforce Stock Pops on Restructuring Plan

10:23am, Wednesday, 04'th Jan 2023
Salesforce Inc (NYSE:CRM) stock is enjoying a bounce today, after the blue-chip software name announced it will cut about 10% of its staff in its new restructuring plan.
Co-CEO Marc Benioff attributed Salesforce's job cuts to over-hiring during the pandemic. "I take responsibility for that," he told staff in an email.
Salesforce Inc. shares gained over 3% at the open on Wednesday after the cloud-based software company said it would be reducing its workforce by 10% and closing certain offices.  According to a regu
Cloud computing giant Salesforce (NYSE: CRM ) has become the latest — and first of 2023 — technology company to announce staff layoffs as it contends with a slowing economy and waning demand for i
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