Activist investor Starboard Values wants Salesforce to grow its adjusted operating margins above 30%.
Salesforce had promised 25%, but is now working on the over 30% level, leaked draft of a planning doc shows.
Analysts note that cost-cutting is needed to hit that mark and headcount is Salesforce's biggest expense.
https://www.businessinsider.com/salesforce-drafts-plans-to-increase-profits-leaked-document-shows-2023-2