Salesforce To Reportedly Hire 3300 People After The Layoffs In January

RTTNews | 737天前
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 | 367天前
Dollar Edges Up After Fed's Cautious Rate Cut

Dollar Edges Up After Fed's Cautious Rate Cut

The six-currency Dollar Index which measures the U.S. dollar's strength against a basket of 6 currencies edged up during the week ended September 19 amidst a cautious rate cut by the Federal Reserve as well as status quo by Bank of England and Bank of Japan.
RTTNews | 4分钟前
European Shares Seen Mostly Lower In Cautious Trade

European Shares Seen Mostly Lower In Cautious Trade

European stocks are seen opening flat to slightly lower on Monday as investors react to the Trump administration's immigration crackdown on H-1B visas and shift focus to a slew of U.S. economic data as well as speeches by Fed Chair Jerome Powell and other Fed officials due this week for additional clues on the future path of interest rates.
RTTNews | 2小时41分钟前
China Leaves Key Interest Rates Unchanged

China Leaves Key Interest Rates Unchanged

The People's Bank of China left its benchmark interest rates unchanged for the fourth straight month despite key indicators suggesting economic slowdown. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
RTTNews | 2小时52分钟前
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 trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
RTTNews | 4小时49分钟前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as the recent interest rate cut decision by the US Fed and the forecast by Fed officials of two more rate cuts this year but just one next year, continue to lift market sentiment. However, major currencies in the region weakened against the US dollar. Asian markets closed mixed on Friday.
RTTNews | 5小时9分钟前
Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown

Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown

Indian shares look set to open lower on Monday, with tech stocks likely to be in focus after U.S. President Donald Trump signed an executive order slapping an additional fee on H-1B visa holders, potentially impacting profitability and prompting companies to rethink hiring strategies.
RTTNews | 5小时45分钟前