The Latest Breaking News from Salesforce

Salesforce's Ohana motto likens the company to a family. But recent layoffs have caused tensions in the family.

The software industry encountered various macroeconomic challenges last year. However, the industry's prospects remain strong, owing to increased IT spending and growing cloud services adoption. Hence, it could be wise to invest in fundamentally sound software stocks Oracle (ORCL), Salesforce (CRM), and Progress Software (PRGS) this year. Continue reading….

One laid-off worker had just received a surfboard from the company as congratulations for five years of service.

SAN JOSE, California — PayPal has revealed plans for a fresh round of job cuts in San Jose, a staffing reduction that serves as a disquieting sign that the Bay Area’s tech layoffs have yet to run their course.

The tech giant announced last month that it was slashing 10% of its jobs i.e. around 8,000 of its workforce globally in another major blow to the tech industry

But that doesn’t necessarily mean a rejection of Marc Benioff’s social focus.

Salesforce (CRM) reported higher-than-expected EPS and revenue in the fiscal third quarter. Moreover, the company has guided for a strong end to fiscal 2023. However, with competition rising in various parts of its business and economic conditions remaining uncertain, will it be wise to buy the stock now? Read on…

“Ultimately, it keeps coming back to, simply, these companies added too many people too fast,” Deepwater Asset Management’s Gene Munster said on Monday.

Disney and Apple have adopted a traditionalist perspective on how to innovate, which ironically hinders innovation, writes Gleb Tsipursky.

US investment group typically buys stakes in underperforming firms and seeks changes to way they are run

What Elliott wants, it typically gets.