SA: US CFOs’ top priority is cost-cutting amid economic uncertainty, survey finds
SEEKING ALPHA reports: With economic and geopolitical uncertainty lingering, finance chiefs in the U.S. have directed ...
SEEKING ALPHA reports:
– Salesforce (CRM) said Wednesday it is embarking on restructuring that includes laying off about 10% of its workforce.
– CRM rose 1.8% in premarket trading.
– “As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that,” co-CEO Marc Benioff wrote in a letter to employees.
– CRM will also exit real estate and reduce office space in some markets…
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