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In the Wake of a Record Quarter, Salesforce Announces Job Cuts

The day after the company announced record-setting results, salesforce.com (NYSE: CRM)  advised some of its employees that they may lose their jobs, according to a report in The Wall Street Journal. "We'll be redirecting some of our resources to fuel growth, and areas that are no longer as aligned with the business priority will be de-emphasized," Chief Financial Officer Mark Hawkins said during the conference call to discuss the results, without providing additional details. CEO Mark Benioff said back in March that there would be no layoffs for at least 90 days during the pandemic. Read More...

In the Wake of a Record Quarter, Salesforce Announces Job Cuts

The day after the company announced record-setting results, salesforce.com (NYSE: CRM)  advised some of its employees that they may lose their jobs, according to a report in The Wall Street Journal. “We’ll be redirecting some of our resources to fuel growth, and areas that are no longer as aligned with the business priority will be de-emphasized,” Chief Financial Officer Mark Hawkins said during the conference call to discuss the results, without providing additional details. CEO Mark Benioff said back in March that there would be no layoffs for at least 90 days during the pandemic.

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