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After President Donald Trump on Wednesday announced he's considering sending National Guard troops to San Francisco, local leaders are pushing…
E-commerce giant Amazon and business software maker Salesforce are the latest U.S. tech companies to announce major job cuts. Amazon said Wednesday that it will be cutting about 18,000 positions. It's the largest set of layoffs in the Seattle-based company's history, although just a fraction of its 1.5 million global workforce. Salesforce is laying off about 8,000 employees, or 10% of its workforce. Major technology companies are pruning their payrolls that they rapidly expanded during a two-year boom spurred by pandemic lockdown. Meta Platforms announced in November that the Facebook and Instagram owner would by laying off 11,000 employees, or 13% of its workforce.
Business software maker Salesforce is laying off about 8,000 employees, or 10% of its workforce, as major technology companies continue to prune payrolls that they rapidly expanded during a two-year boom spurred by pandemic lockdown. The cuts announced Wednesday are by far the largest in the 23-year history of a San Francisco company founded by former Oracle executive Marc Benioff, who pioneered the method of leasing software services to internet-connected devices — a concept now known as "cloud computing." Benioff blamed himself for the layoffs while lamenting a hiring spree he undertook as Salesforce's revenue accelerated while the pandemic forced employers to allow millions of people to work remotely.
Business travel used to mean sending employees from their home office to somewhere else — to meet with clients or co-workers at other offices.…
Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a…
SAN FRANCISCO (AP) — Salesforce founder Marc Benioff oversees a $130 billion software empire from a 62-story skyscraper that towers above ever…
SAN FRANCISCO (AP) — Salesforce, a maker of customer-management software, is buying Tableau Software in an all-stock deal valued at $15.7 billion.
