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How Salesforce layoffs at Israeli co it acquired signals a strategy ‘shift’​

Salesforce is laying off some employees at Own, an Israeli cloud backup company it recently acquired for $2 billion. The job cuts, impacting roles deemed non-essential “post harmonization,” signal a shift towards cost-efficiency at Salesforce. This move comes after activist investor pressure and a previous round of layoffs, indicating a more cautious approach to growth and acquisitions.

​ Salesforce is laying off some employees at Own, an Israeli cloud backup company it recently acquired for $2 billion. The job cuts, impacting roles deemed non-essential “post harmonization,” signal a shift towards cost-efficiency at Salesforce. This move comes after activist investor pressure and a previous round of layoffs, indicating a more cautious approach to growth and acquisitions. Salesforce is laying off some employees at Own, an Israeli cloud backup company it recently acquired for $2 billion. The job cuts, impacting roles deemed non-essential “post harmonization,” signal a shift towards cost-efficiency at Salesforce. This move comes after activist investor pressure and a previous round of layoffs, indicating a more cautious approach to growth and acquisitions. Read More

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