Salesforce Aims to Cut Costs By $3 Bln to $5 Bln - Fortune

Fortune2023-01-07

Salesforce aims to reduce its costs by as much as $3 billion to $5 billion, CEO Marc Benioff told insiders this week, as the cloud company slashes thousands of jobs from its payroll and dumps office ...

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Khoo12
2023-01-07
Khoo12
[Smile]
Mm101
2023-01-07
Mm101
H
TheRainmaker
2023-01-07
TheRainmaker
Ok
- TheRainmaker:
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CEO Benioff has previously said that employees hired in recent years have not been as productive as previous hires, and suggested that remote work may be one reason.“It’s kind of a funny thing, on one side, we’re mentioning to our employees online: Are we more productive by not coming into the office as much?” Benioff said in Thursday’s meeting. “And then on the other side, we say: Well, we’re thinking about having less real estate. ‘Why are you taking down real estate?’ So there’s two sides of the coin and that’s what it’s like to be a leader in this company. 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