Salesforce layoffs cross 8,000; COO says the company may cut more jobs

Salesforce may undergo another round of job cuts as the company seeks to improve profitability, according to the firm's chief operating officer, Brian Millham. Following January plans to remove 8,000 staff, or 10% of its workforce, there have been calls from activist investors for further cuts to improve earnings and profit margins. San Francisco-based Salesforce has been working with consultant Bain & Co. to review the business, however, no final recommendations have yet been given.

from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/w6MNl1Q

Comments

Popular posts from this blog

Used car buying guide: Maruti Suzuki Swift (2018-2021)

Myntra’s private label chief Manohar Kamath reportedly quits

Two authors sue Microsoft, OpenAI over copyright infringement: All the details