What's happening with Salesforce?
Salesforce is in the middle of restructuring amid slowing growth and recession fears. Earlier this year, the firm said it planned to cut jobs by 10%, or 700 employees, and close some offices.
Should Salesforce cut more jobs or spin off big acquisitions?
(Bloomberg) -- Salesforce Inc. will probably be urged by activist investors Elliott Investment Management and Starboard Value to cut more jobs, make changes to the board and spin off big acquisitions in search of greater profit, Wall Street analysts said. US Confronts China Over Companies’ Ties to Russian War Effort
Is Salesforce (CRM) under attack from a hedge fund?
Software giant Salesforce (CRM), one of the 30 stocks in the venerable Dow Jones Industrial Average, had a miserable 2022. Now the company is under attack from a big hedge fund that wants to shake things up at the company that owns Slack.
Is Salesforce worth the money?
However, Salesforce spent a LOT of money over the past few years on acquisitions, scooping up workforce productivity tool Slack as well as software firms Tableau and MuleSoft for nearly $50 billion. Investors are now wondering if the deals were worth it.