Salesforce To Reportedly Hire 3300 People After The Layoffs In January

RTTNews | 690 days ago
Salesforce To Reportedly Hire 3300 People After The Layoffs In January

(RTTNews) - Cloud-based software firm Salesforce Inc. (CRM) is set to hire 3,300 people across its various departments following a 10 percent job cut in January, according to a Bloomberg report on Friday. The report cited an interview with CEO Marc Benioff.

According to Benioff, the new hiring will take place among the sales, engineering and data cloud departments. He noted that many of the hires will be boomerang employees.

Boomerangs are employees who left Salesforce in the past and decided to come back and continue to blaze trails within the company, according to the company website.

Earlier in January, Salesforce announced a restructuring plan, including 10 percent job cuts, to reduce operating costs and improve operating margins by select real estate exits and office space reductions within certain markets.

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Disney To Stop Using Salesforce's Slack After Data Breach

Disney To Stop Using Salesforce's Slack After Data Breach

Walt Disney Co. said it will no longer use Slack, owned by Salesforce, Inc., for in-house company communication after a data breach leaked company data to the public, reports said citing a company memo. Disney Chief Financial Officer Hugh Johnston stated that most of Disney's business units will move away from Slack usage by the end of next fiscal quarter.
RTTNews | 319 days ago
Sensex, Nifty Likely To Open On Flat Note On Tariff Worries

Sensex, Nifty Likely To Open On Flat Note On Tariff Worries

Indian shares look set to open on a flat note Wednesday as investors react to U.S. President Donald Trump's latest tariff threats and await the Reserve Bank of India's policy announcement, with investors expecting a rate pause and dovish signals to offset rising external risks.
RTTNews | 27 minutes ago
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, gathering almost 30 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,245-point plateau and it's expected to open under pressure on Wednesday.
RTTNews | 1h 0min ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher on Wednesday after opening well in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,550 level, with gains in automakers, exporters and financial stocks partially offset by weakness in technology stocks.
RTTNews | 1h 22min ago
Indonesia Stock Market May Open In The Red On Wednesday

Indonesia Stock Market May Open In The Red On Wednesday

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,515-point plateau and it may hand back Tuesday's gains on Wednesday.
RTTNews | 1h 30min ago
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,800 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | 1h 43min ago
Hong Kong Shares Due For Consolidation On Wednesday

Hong Kong Shares Due For Consolidation On Wednesday

The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 400 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 24,900-point plateau although investors may lock in gains on Wednesday.
RTTNews | 1h 45min ago
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in consecutive trading days, gathering almost 60 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,620-point plateau although it may spin its wheels on Wednesday.
RTTNews | 2h 0min ago