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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 […]

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27th May 2025
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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 […]

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4th February 2025
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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 […]

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16th July 2024
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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 […]

aomenyepdnlimited-com
26th January 2024
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Kano business icon Aminu Dantata dies at 94

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Tag: Salesforce

Salesforce acquires Informatica in $8bn deal

Salesforce announces over 1,000 job cuts amid AI expansion

Salesforce cut 300 jobs amid restructuring efforts

Salesforce cuts workforce by 700

Google prepares iOS launch for YouTube Create

GTBank to close branches early nationwide on June.

Afreximbank appoints George Elombi as next president

Kano business icon Aminu Dantata dies at 94

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