Salesforce To Reportedly Hire 3300 People After The Layoffs In January

RTTNews | 657 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 | 286 days ago
European Economic News Preview: German Factory Orders Data Due

European Economic News Preview: German Factory Orders Data Due

Factory orders and construction Purchasing Managers' survey from Germany and industrial production from France and Spain are the top economic news due on Friday. At 2.00 am ET, Destatis publishes Germany's industrial orders data for May. Orders are forecast to fall 0.2 percent month-on-month, in contrast to the 0.6 percent increase in April.
RTTNews | 1h 23min ago
Sensex, Nifty Little Changed On Tariff Worries

Sensex, Nifty Little Changed On Tariff Worries

Indian shares were little changed in cautious trade on Friday as U.S. President Donald Trump warned countries to strike deals before the deadline or face tariffs.
RTTNews | 2h 3min ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in financial and technology stocks partially offset by weakness in mining stocks.
RTTNews | 3h 23min ago
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continue to be cautious amid ongoing uncertainty over trade deals between the U.S. and its trade partner countries as well as the threat of heavy tariffs. Meanwhile, the stronger-than-expected U.S. jobs report helped ease investor concerns about a potential economic slowdown.
RTTNews | 3h 30min ago
Sensex, Nifty Seen Slightly Higher At Open

Sensex, Nifty Seen Slightly Higher At Open

Indian shares look set to open on a positive note Friday as a stronger-than-expected U.S. jobs report helped ease investor concerns about a potential economic slowdown.
RTTNews | 4h 15min ago
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved higher in four straight sessions, collecting almost 50 points or 4.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,125-point plateau and it's expected to see further upside on Friday.
RTTNews | 4h 46min ago