- Salesforce conducts more layoffs. Employees aren't happy about how the cloud giant is handling its plan to cut 10% of its workforce. CEO Marc Benioff personally responded to some employees who are complaining on Slack, my colleague Ashley Stewart reports.
- The most recent round of cuts hit a sales team selling the highest-tier of support called Signature, as well as Salesforce.org, the unit that sells services to non-profits and educational institutions.
- Employees are particularly frustrated with how the company has communicated its progress on the layoffs. They say it's unclear how many more rounds of cuts are coming.
- The cost-cutting did help Salesforce avoid a proxy battle for control of its board, as activist investors pushed for Salesforce to focus on efficiency. One of those investors, Elliott Management, said earlier this week that it would drop its challenge to the board.
https://www.businessinsider.com/salesforce-layoffs-meta-office-perks-apple-smart-goggles-lemon8-ai-2023-3