When Elliott announced it was withdrawing its slate of Salesforce board candidates, it seems that some activist pressure had been lifted.
On Friday, Bloomberg reported that more layoffs could be on the way at Salesforce, quoting chief operating officer Brian Millham, who indicated that the company could be adding to the ongoing job cutt
Activist investor Elliott Investment Management won't be proceeding with plans to nominate directors to Salesforce's board.
It would be easy to think that when Salesforce announced that it was laying off 10% of the workforce in January that it would let those folks know, and it would be over with — but some employees
After Salesforce delivered a stellar quarter, will it help get rid of the bevy of activist investors dogging the company?
It would be an understatement to say that Salesforce has been having a rough ride of late — from activist pressure to executive departures and layoffs — it seems like everyone was piling onto a co
Elliott Management, one of five activist investors working inside of Salesforce, has nominated a slate of candidates to the Salesforce board of directors. This move, which was confirmed by sources to
When Salesforce reports earnings on Wednesday, it could be a critical report for the company with five activist investors circling.
Salesforce is looking at new ways to cut costs as activist investors continue to put pressure on the company. Today, Insider was reporting that the company is implementing much stricter performance me
What do the investors want from Salesforce, which is hardly in full distress? Sure, the stock is down, but it raked in $8 billion last quarter. That could be why they're so interested.
When Salesforce announced it was laying off 10% of its workforce last month, you might have assumed that meant that everyone who was affected was informed at that time. With social media flush with pe
A week ago activist investor Elliott Management announced it had made a multibillion-dollar investment in Salesforce. By Friday, the company announced it was bringing in three new board members, and T
With two activist investors taking significant stakes in Salesforce, Marc Benioff will be challenged in ways he probably hasn't been before.
It’s been a tumultuous time at Salesforce recently, and it’s not getting any quieter soon. The Wall Street Journal reported last night that the company now needs to deal with activist investor Ell
Salesforce has been having a rough go of it lately, and the new year brought little relief with news it was laying off 10% of its workforce.
CNBC reported on Friday that Marc Benioff sent a message on the company Slack channel that newer employees weren’t as productive. He questioned if this was due to working from home since COVID, and
Is this a short-term glitch in a bad year for all SaaS companies or a series of moves that could be indicative of something more worrisome at Salesforce?
We've heard a lot about Stewart Butterfield stepping down as Slack CEO, but less about his successor, Lidiane Jones.
It seems that maybe Salesforce co-founder and CEO Marc Benioff was protesting a bit too much when he gave what seemed like a genuinely heartfelt goodbye to his protégé, Bret Taylor, last week, insis
Slack CEO Stewart Butterfield was the third Salesforce exec to step down in less than a week.