Thread regarding Salesforce.com Inc. layoffs

Activist Investors Demanding More Labor Cuts?

"Salesforce is under pressure from activist investors, including Elliott Management, Starboard Value and Inclusive Capital due to lagging performance. As such, it's possible the MB-led company could be forced to cut headcount further or even sell some assets, investment firm RBC Capital said."

https://seekingalpha.com/news/3927348-salesforce-could-institute-more-layoffs-assets-sales-activist-investors

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| 1541 views | | 2 replies (last January 25, 2023) | Reply
Post ID: @OP+1kQzn6Ln

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Two activist investors pushing hard for expense management will absolutely be joined by the large shareholders, as their goals are aligned (getting back value out of this sinking, poor margin dog). Say goodbye to two AEs per account pulling $300k each and hoping solutions can sell the deal for them.

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Post ID: @1dpu+1kQzn6Ln

Highly unlikely as they are only a minority owner

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Post ID: @1ren+1kQzn6Ln

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