Salesforce will cut around 10% of its staff, or nearly 8,000 people, in the coming quarter, the company said on Wednesday. Like other tech firms, Salesforce posted soaring revenue in the early years of the pandemic as a glut of companies began to rely on cloud-delivered software for remote work. But its growth sagged in recent quarters, and its stock fell by roughly 45% over the course of...
Salesforce to Lay Off 10% of Staff After Hiring ‘Too Many People’ During Pandemic
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Why the Return to the Office Is Inevitable
For proponents of a return to working in the office, it’s two steps forward and one step back. The haze of Canadian smoke that hung over New York City and other parts of the East Coast this week gave people a reason to stay inside. Some schools shuttered their doors. People on the streets have been wearing masks. Yes, it has felt a bit like 2020. But no one should rush to buy Zoom Video stock....
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