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Tag: Salesforce

Salesforce announces over 1,000 job cuts amid AI expansion
Tech

Salesforce reinvents Slack with advanced AI capabilities

Salesforce, the cloud software powerhouse, is reshaping its business around AI. At a small event in San Francisco, United States on Tuesday, CEO Marc Benioff and his team showcased the latest outcomes of that push: an upgraded version of Slack packed with new AI capabilities. The standout feature is a major overhaul of its AI […]

Salesforce launches AI assistant for Slack, Tableau
Tech

Salesforce data compromised in hack affecting major firms

Google has confirmed that hackers have stolen Salesforce data from over 200 companies in a major supply chain attack. On Thursday, Salesforce revealed that “certain customers’ Salesforce data” had been compromised, though it did not disclose the affected companies, through apps released by Gainsight, a provider of customer support platforms to businesses. In a statement, […]

Salesforce acquires Informatica in $8bn deal
News

Salesforce acquires Informatica in $8bn deal

Salesforce has announced its acquisition of cloud data management firm Informatica in an $8 billion equity deal, marking a significant step in the tech giant’s effort to strengthen its artificial intelligence and data infrastructure capabilities. The agreement, unveiled Tuesday, will see Salesforce pay $25 in cash per share for Informatica’s Class A and Class B-1 […]

Salesforce announces over 1,000 job cuts amid AI expansion
News

Salesforce announces over 1,000 job cuts amid AI expansion

Salesforce is cutting more than 1,000 jobs while simultaneously hiring employees to support its artificial intelligence initiatives, Bloomberg News reported. Displaced employees will have the opportunity to apply for other positions within the company. However, details on which departments would be most affected by the layoffs remain unclear. As of January 31, 2024, the cloud-based […]

Salesforce acquires Informatica in $8bn deal
News Tech

Salesforce cut 300 jobs amid restructuring efforts

Salesforce, a pioneer in cloud-based software solutions, laid off a large number of staff members in July, affecting about 300 people. This action is consistent with the firm’s continuous attempts to streamline its operations and spur expansion. Bloomberg sources state that this month, the software giant made these layoffs. “Like any healthy business, we continuously […]

Salesforce acquires Informatica in $8bn deal
Tech

Salesforce cuts workforce by 700

Salesforce is reducing its workforce by approximately 700 positions, accounting for about 1% of its global employee base, as per a Friday report by the Wall Street Journal. Despite this reduction, Salesforce currently has around 1,000 vacancies across various departments, suggesting that this move might be a strategic realignment of its human resources, as indicated […]

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