It would be easy to think that when Salesforce announced that it was laying off 10% of the workforce in January that it would let those folks know, and it would be over with — but some employees didn’t learn about their fate until February. It looks like still more are just learning they have […]readmore
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March 8, 2023
Salesforce, the owner of Slack announced that it is actively working with OpenAI to bring generative artificial intelligence to not just Slack but to the business software industry Salesforce owned business communication software ‘Slack’ will soon be equipped with some AI superpowers. This announcement comes in after Salesforce said that it is actively working with […]readmore
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March 6, 2023
Salesforce is dealing with five powerful activist investors. One way to get these firms off your back is performing well, which drives up stock prices. Salesforce checked that box with a stellar quarterly report this week, beating street expectations by a wide margin. That could buy some time for the beleaguered company, and it was […]readmore
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March 5, 2023
It’s been a tough time for enterprise SaaS companies. These organizations raked in profits and growth during the pandemic when offices shuttered and employees moved en masse to work from home. But as the economy turned last year and more workers returned to the office, their numbers slipped. At the same time, enterprise SaaS companies […]readmore
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March 5, 2023
TGIF, my TechCrunch homies. It’s that time of week again — the time for Week in Review, where we recap the past five days in tech news. As always, lots happened, so let’s dig in sans delay. Well, perhaps with a slight delay. I’d be remiss if I didn’t mention that TechCrunch Early Stage, TechCrunch’s […]readmore
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March 2, 2023
It would be an understatement to say that Salesforce has been having a rough ride of late — from activist pressure to executive departures and layoffs — it seems like everyone was piling onto a company that was already struggling as profits declined. It needed a strong quarter, and all indications were they wouldn’t get […]readmore
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March 1, 2023
Earnings reports come and go; for the most part, they’re a fairly routine exercise, but Wednesday’s report from Salesforce could be a little different. That’s because the CRM leader finds itself in difficult waters with five different activist investors — Elliott Management, Starboard Value, ValueAct, Inclusive Capital and Third Point — currently operating in the […]readmore