Salesforce To Reportedly Hire 3300 People After The Layoffs In January

RTTNews | 503 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 | 132 days ago
South Korea Shares Poised To Return To The Upside

South Korea Shares Poised To Return To The Upside

Ahead of the Lunar New Year holiday, the South Korea stock market had moved higher in two of three trading days since the end of the three-day losing streak in which it had eased almost 10 points or 0.4 percent. The KOSPI now rests just above the 2,535-point plateau and it's tipped to open in the green on Friday.
RTTNews | 5h 27min ago
Dollar Recovers After Setback, Gains Against Major Counterparts

Dollar Recovers After Setback, Gains Against Major Counterparts

The U.S. dollar fell after data showed the U.S. economic growth slowed in the fourth quarter of 2024, but climbed higher as the session progressed on Thursday as traders weighed the latest batch of economic data and the Federal Reserve's monetary policy announcement earlier this week.
RTTNews | 5h 54min ago
Japan Data Due On Friday

Japan Data Due On Friday

Japan is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are December numbers for unemployment, industrial production, retail sales, construction orders and housing starts, as well as January figures for Tokyo inflation.
RTTNews | 5h 57min ago
Swiss Market Extends Winning Streak, Ends Moderately Higher

Swiss Market Extends Winning Streak, Ends Moderately Higher

The Switzerland market closed on a firm note on Thursday, extending recent gains, after data showed an improvement in Swiss business confidence. An interest rate cut by the European Central Bank and largely positive moves in other European markets aided sentiment.
RTTNews | 9h 30min ago
ECB To Cut Rates Again As Lagarde Sees Disinflation

ECB To Cut Rates Again As Lagarde Sees Disinflation "Well On Track"

The European Central Bank lowered its interest rates for a fourth policy session in a row on Thursday and is likely to opt for more easing going forward as policymakers seek neutrality amid a slump in Eurozone growth and expectations for inflation to return to target over the course of the year.
RTTNews | 9h 38min ago