Yahoo Finance Live anchors Dave Briggs and Seana Smith check out Salesforce shares in the after-hours trading session. Read More...
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Salesforce Under Fire for Paying Celebrity $10 Million Despite Layoffs
Times are supposedly tough over at Salesforce as the company executes a plan to layoff 8,000 employees, but a new report details an expense its signed off on that seems like a luxury. The business software company is paying Oscar winner Matthew McConaughey more $10 million a year to be a creative adviser and TV pitchman, according to a report from The Wall Street Journal. McConaughey, who is being paid through a combination of cash and equity, was brought to the company by friend and CEO Marc Benioff, according to the report.
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