Salesforce To Reportedly Hire 3300 People After The Layoffs In January

RTTNews | 468 days ago
Salesforce To Reportedly Hire 3300 People After The Layoffs In January

(RTTNews) - Cloud-based software firm Salesforce Inc. (CRM) is set to hire 3,300 people across its various departments following a 10 percent job cut in January, according to a Bloomberg report on Friday. The report cited an interview with CEO Marc Benioff.

According to Benioff, the new hiring will take place among the sales, engineering and data cloud departments. He noted that many of the hires will be boomerang employees.

Boomerangs are employees who left Salesforce in the past and decided to come back and continue to blaze trails within the company, according to the company website.

Earlier in January, Salesforce announced a restructuring plan, including 10 percent job cuts, to reduce operating costs and improve operating margins by select real estate exits and office space reductions within certain markets.

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Disney To Stop Using Salesforce's Slack After Data Breach

Disney To Stop Using Salesforce's Slack After Data Breach

Walt Disney Co. said it will no longer use Slack, owned by Salesforce, Inc., for in-house company communication after a data breach leaked company data to the public, reports said citing a company memo. Disney Chief Financial Officer Hugh Johnston stated that most of Disney's business units will move away from Slack usage by the end of next fiscal quarter.
RTTNews | 97 days ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Friday, but adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by mining and technology stocks.
RTTNews | 5h 48min ago
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening on a muted note Friday following a lackluster session on Wall Street overnight and mixed cues from other Asian markets this morning.
RTTNews | 5h 58min ago
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Adding to the gains in the previous two sessions, the Japanese stock market is significantly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 39,900 level, with gains across most sectors led by index heavyweights and technology stocks as traders reacted positively to a slew of domestic economic data.
RTTNews | 6h 23min ago
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Friday, extending to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by mining and energy stocks.
RTTNews | 7h 1min ago
U.S. Dollar Advances Amid Higher Treasury Yields

U.S. Dollar Advances Amid Higher Treasury Yields

The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as treasury yields rose amid uncertainty about the Federal Reserve's interest rate path and U.S. President-elect Donald Trump's tariff threats.
RTTNews | 13h 58min ago
Turkish CB Cuts Interest Rate For First Time Since Early 2023

Turkish CB Cuts Interest Rate For First Time Since Early 2023

Turkey's central bank lowered its key policy rate on Thursday, signaling a start to the easing cycle, after maintaining the key interest rate at a high level since the summer of 2023 amid the elevated inflationary pressures.
RTTNews | 16h 42min ago
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended December 21st. The report said initial jobless claims slipped to 219,000, a decrease of 1,000 from the previous week's unrevised level of 220,000. Economists had expected jobless claims to rise to 224,000.
RTTNews | 18h 4min ago