Salesforce cutting more jobs following 10% reduction: reports

[Spartan]

Salesforce has cut more jobs following previous layoffs earlier this year, according to a report in Bloomberg. In January, the San Francisco-based cloud software services provider had announced it would be reducing its global workforce by 10%, or about 8,000 employees.

Layoffs announced Wednesday primarily affected sales and customer success team members in Ireland, Bloomberg reported. The cuts are “part of an ongoing effort to ensure we always have the right resources in place,” said a spokesperson cited in the report.

The spokesperson declined to tell Bloomberg whether the current round of layoffs would impact workers in other countries.

The Salesforce layoffs are just the latest in an ongoing series of Bay Area tech layoffs. Last week it was confirmed LinkedIn would be cutting about 200 jobs in the Bay Area. Other recent job cuts were announced at Microsoft, Sumo Logic, Inc. and Intel Corporation.

[AnotherTeluguBidda]

Market phat aa

[Spartan]

Just now, AnotherTeluguBidda said:

Market phat aa

sales and customer success team members

 

all exported to AI/Bots. or India

[cisco_sastry]

Mostly by AI

[basha786]

no skills no jobs - only fans and sugaring is the other alternatives for girls

[Telugodura456]

its a garbage company. does anyone know why they have such sky high valuations ?

 

[tom brady]

2 minutes ago, Telugodura456 said:

its a garbage company. does anyone know why they have such sky high valuations ?

 

Do you have any idea what you are talking about? Do you know their market share?

[Telugodura456]

24 minutes ago, tom brady said:

Do you have any idea what you are talking about? Do you know their market share?

its p/e is 570. google is 28, meta is 24.

Why does it have such high p/e ?

[dasari4kntr]

3 minutes ago, Telugodura456 said:

its p/e is 570. google is 28, meta is 24.

Why does it have such high p/e ?

Still leader in CRM business....even Microsoft dynamics is still catching up but failing...

All the mistake Salesforce did is some expensive acquisitions...

[tom brady]

5 minutes ago, Telugodura456 said:

its p/e is 570. google is 28, meta is 24.

Why does it have such high p/e ?

Their p/e ratio doesn't define your "garbage company" comment

[Telugodura456]

Just now, tom brady said:

Their p/e ratio doesn't define your "garbage company" comment

"garbage company" comes from the fact they did three rounds of my interview including the panel interview and then ghosted me. lucklily retrenchements started one month after that.

Anyway leaving that - why in the heck is that massive p/e ratio? makes no sense. do you know why ?

[dasari4kntr]

5 minutes ago, Telugodura456 said:

its p/e is 570. google is 28, meta is 24.

Why does it have such high p/e ?

It's growth stock....for this kind of stock p/e is not correct benchmark....

check the forward p/e and price to sales ratio..etc

[LakshmiParvathii]

53 minutes ago, basha786 said:

no skills no jobs - only fans and sugaring is the other alternatives for girls

full details plz anna

[basha786]

4 hours ago, Telugodura456 said:

its p/e is 570. google is 28, meta is 24.

Why does it have such high p/e ?

Yes the will come down 100 in a year - save this post 

[basha786]

4 hours ago, LakshmiParvathii said:

full details plz anna

do you see any beautiful American girls working in bars restaurant's Starbucks etc ?  they dont because if they have aboy friend they do only fans - if not sugar daddy who pay 5-10k every month for exclusive commitment