ELT will never tell us. They had every chance to better communications to us during the various stages of the round 1 layoffs, but did they? Most people that knew about layoffs beforehand found out from anonymous sources online. How sad is this... — read more
Hi, Anyone ever waited for settlement after contesting their redundancy with Salesforce and just before settlement someone resigned and Salesforce offered you a job? Did they let you settle on the previously agreed amount when you declined the... — read more
Is there any way for us to know when the next round is going to happen? I’m not naive enough to believe that we’re anywhere close to being done with layoffs, but it would be easier if we at least knew roughly when it might happen, so that I don’t... — read more
Have we heard any stories of employees’ laptops being tracked? My laptop seems like it’s being watched or operated remotely sometimes.
With all the layoffs do Salesforce still have Peak Performers club?
I just want to know why it’s so fake and bad
Everyone is fake here, people boasting about hard work when they got in through family/friends - mostly from Oracle— no shame and utterly tone deaf and born to be toxic. Clique-y and somehow still with superiors complex
Apply for a sales job at salesforce?
I just got let go at Oracle (terrible company! so it wasn't too bad) and am thinking of applying to salesforce - I always hear how great their training program (get an MBA in sales) is and how much better their solutions are compared to Oracle. But... — read more
Managers Converted to ICs
Has anyone actually seen this happen? https://www.indiatoday.in/technology/news/story/salesforce-removes-some-middle-management-layers-to-be-more-efficient-details-here-2355936-2023-04-05
Salesforce employees are not happy
Salesforce conducts more layoffs. Employees aren't happy about how the cloud giant is handling its plan to cut 10% of its workforce. CEO Marc Benioff personally responded to some employees who are complaining on Slack, my colleague Ashley Stewart... — read more
Was the CRM Analytics team impacted?
I was told, by a single source, that CRMA was eliminated. Is this accurate?
Layoffs in Customer Success Group Have Started
Layoffs all day today, so the round 2.0 has started. Good luck to all in CSG.
SalesForce Round 2.0
https://www.yahoo.com/finance/news/salesforce-considers-more-job-cuts-221600252.html ya see ..... every time they cut, stocks goes up ..... they will keep repeating this until it doesn't work anymore. by then the culture within the company will be... — read more
I was laid off in January and by my state law eligible for unemployment but Salesforce claimed I quit because they planned to lay me off so now I have to prove layoff which is not hard. Mean spirited
It's time to face the music
There's no denying that Salesforce is going down the drain. When the only solution management can come up with is to lay off hard-working employees, it's pretty clear they're clueless and running out of options. Trust me, I've been there and I... — read more
Facebook - round 2
...Zuckerberg announced the company will lay off an additional 10,000 employees and close out another 5,000 open positions that haven't been filled... ...This marks the second round of layoffs for Meta in the last few months. The company previously... — read more
The long goodbye at Salesforce continues with more layoffs reported today
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... — read more
There were no layoffs today, right?
I haven't heard of any, but I'm not comfortable making that conclusion based just on that. It happened before that there were layoffs and the leadership decided not to say anything about it. The only ones who knew were the people in the affected... — read more
$10 million could have saved a lot of jobs
Meanwhile the WSJ reported last month about a $10 million contract between Salesforce and actor Matthew McConaughey. In a recent interview with Barron’s, Benioff insisted that the contract with the actor was not related to the layoffs — but perhaps... — read more
More layoffs incoming Dallas ofc
Heard the rumor about further layoffs across the US offices by the month end. Is this true?
Gratitude Bonus at 70%
Per Business Insider and Fortune, bonus multiplier is 70%. https://fortune.com/2023/03/03/salesforce-gratitude-bonus-lowered/
I'm still here but I noticed I've become so jaded about society since joining SFDC. So many snakes at this company, something I never experienced before. Having integrity is a weakness here...people trying to rideeach other's backs and play the... — read more
Sad but true
Big Tech bows to the ways of Wall Street On Thursday, Salesforce shares surged almost 12% — its biggest daily gain in more than two years — after it delivered better-than-expected results and said it would double its share buyback plan to $20... — read more
Thoughts on the Financial Call today?
$10 million a year to act as a 'creative adviser' despite laying off 8,000 employees last month
More layoffs to come
Salesforce under investor pressure to dump more staff Promised 10,000 cull unlikely to be enough to satisfy gaggle of activist investors Job losses at Salesforce appear to be far from over as the CRM specialist sets out its plan to appease a gang... — read more
Promotions delayed again
Finance delaying promotions again for April. TBD on when they will go again. Anyone else? Merit increases? Bonuses????
StarBoard Value analysis of Salesforce performance (margin, share value, etc)
Analysis of Salesforce starts on page 50 of the document https://www.starboardvalue.com/wp-content/uploads/2022-Active-Passive-Investor-Summit-Wix.com-Ltd.-Splunk-Inc.-Salesforce-Inc.pdf
Starboard Value wants Salesforce to hit over 30% profit margins
Activist investor Starboard Values wants Salesforce to grow its adjusted operating margins above 30%. Salesforce had promised 25%, but is now working on the over 30% level, leaked draft of a planning doc shows. Analysts note that cost-cutting is... — read more
That's a great customer story about Slack and Return to Office mandates!
Amazon's internal Slack channel blows up after employees are told to return to the office. Now they're creating a petition to fight back. ...Thousands of Amazon employees joined a new Slack channel to share their thoughts about the company's... — read more
WARN notice filed
Salesforce filed another WARN notice in California on 02/02/23. It states ~250 employees will be impacted predominantly at Salesforce Tower. The effective date of the notice is 04/24/23. Is this another round? Can anyone shed any light on what this... — read more
Marc Benioff says he took a 10-day 'digital detox' trip to French Polynesia after company layoffs
Slack plans to exit SoMa headquarters, move into Salesforce Tower
Workplace messaging software company Slack is relocating its headquarters to Salesforce Tower in San Francisco.... ...Employees were informed on Friday that the move will happen by Feb... — read more
Tableau is dead!?? Is Steelbrick dead too?
Saw this on the news, ki-led Tableau. https://www.geekwire.com/2023/tableau-has-been-ki-led-by-salesforce-past-and-current-tableau-employees-gather-at-irish-wake/ Are they ki-ling Steelbrick, Revenue Cloud, CPQ also??
Does anyone have any details on PIP plans or prompt exit plans?
8 out of 10 people I know at Salesforce are VPs and above. It’s a crazy structure like Oracle
The future without talented employees
This company does not deserve good employees. It's a real miracle that there are still any of them here at all, but it is very likely that soon there won't be any. When all the experts leave this place, the question is, what then? --- It is... — read more
Zoom CEO reduces his salary and forgoes his bonus
Zoom Video Communications Inc. is eliminating 15% of its workers as the service that became ubiquitous during the pandemic adapts to slower growth. The company will cut about 1,300 jobs as part of a restructuring, Chief Executive Officer Eric Yuan... — read more
Another activist shareholder: ThirdPoint
Third Point Has a Stake in Salesforce Dan Loeb’s Third Point is the fifth known activist shareholder with a position in the software company’s shares.... ....Third Point joins Elliott Investment Management LP, Starboard Value LP, ValueAct Capital... — read more
Be prepared for the future
If layoffs cough you off guard once, don't let it happen again. It's important to have an emergency fund, always be interviewing, and if you can, start a side job - preferably something you enjoy. This way, you'll be in control of your career... — read more