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Salesforce Cuts 700 Jobs in Streamlining Effort, Yet Eyes Growth with 1,000 Open Roles

Salesforce Inc (NYSE:CRM) is implementing layoffs of close to 700 employees, about 1% of its 70,000-strong workforce, following a previous reduction of 10% or around 8,000 workers in 2023. This move comes amid ongoing cost-cutting pressures from investors, including activist shareholders like Elliott Management, to drive its margins. Despite these cuts, Salesforce still maintains 1,000 open positions, suggesting these layoffs are part of workforce adjustments rather than a significant strategic

Detailed text transcripts for TV channel - FOXNEWS - 20180705:20:07:00

now he says you may get harassed when you go to get groceries or starbucks in the morning, do you want this job? well put. thank you very much. we re talking about this with the business community. say what you to the business community, he was the guy leading the president s effort to get rid of onerous rules and regulations where they come to the environment. the president stressed he wanted clean air. to that they stuck to their goals. it was mr. prut it who aggressively untangled a lot of those rules and regulations that businesses found sort of just an added burden that was not necessary. it was that streamlining effort of the regulations that many credit with the economic turnaround that we had that was greased by the tax cuts that we would have well after the fact. charles pain has been looking at the developments a tale of two worlds for the business community regarding epa

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