The business-software provider said it will incur about $1.4 billion to $2.1 billion in charges with the move. Read More...
Benzinga
Salesforce Shares Plans To Downsize By 10%, Other Cost Cuts
Salesforce, Inc (NYSE: CRM) shared a restructuring plan to reduce operating costs, improve operating margins, and advance its ongoing commitment to profitable growth. The plan includes a reduction of its current workforce by 10% and select real estate exits and office space reductions within specific markets. In the U.S., affected employees will receive a minimum of nearly five months of pay, health insurance, career resources, and other benefits to help with their transition. Those outside the
