Third Point Has a Stake in Salesforce Dan Loeb’s Third Point is the fifth known activist shareholder with a position in the software company’s shares.... ....Third Point joins Elliott Investment Management LP, Starboard Value LP, ValueAct Capital... — read more 

If layoffs cough you off guard once, don't let it happen again. It's important to have an emergency fund, always be interviewing, and if you can, start a side job - preferably something you enjoy. This way, you'll be in control of your career... — read more 

I know of a few people in sales who were impacted by the layoff who were over 100%. I made over 400K in each of the last 2 years, so me thinks they decided to cut areas where they expect growth to slow and they could save a few bucks. I’ll never... — read more 

I remember 4-5 years ago, Benioff making a bold statement to tell laid off IBMers to come apply at Salesforce which I thought was a bit phony at the time. There was something about him that I just sensed from seeing and observing him fairly close up... — read more 

I am sorry for the people who have been laid off and are in shock, but I am afraid this is real life, capitalism and not that uncommon. Companies exist to make profits (particularly when they are publicly listed), some expensive and long tenured... — read more 

Looks like it's not 10% cuts in the UK, but like 15%, based on what was announced on Thursday (380 people at risk out of 2,500 employees). Surprising, since the UK is usually performing well compared to other subsidiaries. Does anybody know the... — read more 

Salesforce, after ReductionInForce, what's next? Another Tech or new industry?

Nasty politics go back decades at Salesforce. Some never thought the pendulum wouldn't swing back. Who are they?

JD and friends all gone now.

7B set aside for restructuring charges 2 B for layoffs 9 B for FY23 Q4 At $100k of "charges" per head, 9,000 heads in Q4 and 3000 remaining for FY24. source:... — read more 

Curious to know how Mulesoft fared in the latest rounds... particularly in the SE, AE space and in the US. Any specific product lines (Consumer, Financial, Fed, Science/Healthcare) get nailed more than others? I saw a lot of Mulesoft CS folks go down... — read more 

I’m from sales dev I’ve been placed on garden leave for 3 months with 12 weeks severance. Curious what others are getting? I’ve been with Salesforce for less than a year doing MC.

.... the conversation was about "productivity" but it was a lie. Mark even had the nerve to share that 96% revenue came from 50% of Sales publicly but didn't share how they're measuring productivity. Why?........ If that was the case, then why were... — read more 

Investing so much effort was a huge mistake, I see that now, and the lesson for those who are not affected is that the performance really doesn't mean much when it comes to layoffs.

These layoffs and the way in which they're being handled is a good reminder that companies aren't our families as much as they'd like to create the narrative that they are, and we should never treat them as if they are. Make sure to take care of your... — read more 

Announcements in Jan claimed that approx 10% of the workforce or 8000 people would be impacted by the layoffs. I’m hearing that the ‘all-Salesforce’ slack channel has reduced by less than half that amount since Jan. So are we only half way through... — read more 

$27.7Billion for an absolute joke. That’s a lot of jobs right there.

Anyone else see this. 3 out of 8 people laid off in my region have been off for extended period to to physical/mental health reasons.

Leadership still trying to spin the message. How they handled these layoffs is embarrassing. Just got the email today .. Im 128% to quota this year, 176% last year, never missed the mark. . 5 years with the company. Yet Marc and his sponge bob... — read more 

Such poorly handled layoffs result in a terrible drop in morale among those who remain. Our higher ups don't seem to care about it at all? I feel sorry for all those who are losing their jobs, but also for those who remain in this company, which is... — read more 

Are we up to 8k now or can we expect another round before it's finally over?

So whoever was notified early in the morning is who's going to be laid off this month? The rest of us are okay? Can somebody please answer this question if you know? My blood pressure is through the roof as we wait to figure out what's going to... — read more 

Please answer this specifically for those of us in other time zones.

Did any one hear anything from ES. Is it over for Apac or again they will do something tomorrow?

Hyder email received and impacted employees now in a 45 day consultation period followed by a personal consultation period of 1 - 2 weeks.

I'm in EMEA and interested in whether I'm looking out for a layoff email, a Slack deactivation or a meeting with ES..

It's cheaper for them to force some of us out so they're doing everything in their power to get us to leave. I don't care what they do, I'm not leaving unless they give me severance. It would be crazy to walk away when we know more layoffs are just... — read more 

What's the dilly on the US layoffs. what are you hearing?

Do we know if the emails have started coming. Which teams are impacted?

Curious to know what departments or roles are being cut as a trend... Maybe some insight into what's coming for Amer. Are they cutting co primes (sd, sales and post sales)? SDRs? BDRs? Core AEs? etc. Any insights appreciated...

https://www.afr.com/chanticleer/brutal-sacking-tactics-used-by-salesforce-and-facebook-20230201-p5ch32 Did you know also that they had $1.7B spare money sitting around in Q3 for a share buyback? Then we're suddenly so poor in Q4 that layoffs had to... — read more 

We've been told in APAC sales that layoff emails will be sent around lunchtime tomorrow.

https://www.thetimes.co.uk/article/activists-take-aim-as-cult-of-marc-benioff-wilts-at-salesforce-z050tk7gk When it emerged last week that the pop star will.i.am and actor Matthew McConaughy, who Benioff considers friends, had begun to appear in... — read more 

stop wasting shareholders money flying some of your useless leaders to SFO for an in-person CKO , focus on optimizing your margin instead

https://seekingalpha.com/news/3929367-salesforce-could-grow-earnings-at-20-or-more-activist-layoffs

hundreds of useless SVPs ,RVPs, VPs , SDs, & Directors are sitting here with no real value to the company , dear activist investors don't miss a big opportunity to trim down this org fat, do it once do it right ... bring back our share price up... — read more 

Across the sales org, who should be most worried? BDR/SDR’s, Core AE’s, MC AE’s, Co-prime’s, SE’s. Thoughts?

Disregard for the employee. Disregard for the customer. Overpriced. Arrogant.