WASHINGTON (dpa-AFX) - For Salesforce, 9-to-5 workday is dead as the aftermath of coronavirus pandemic.The cloud computing company is providing its employees various working options now, including
Salesforce announces permanent remote work for most employees
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People are seen inside the Salesforce Tower on December 1, 2020 in San Francisco, California.Stephen Lam/Getty Images
The largest private employer in San Francisco announced today that more than half of its workforce will continue working remotely or on a flexible schedule after the pandemic is over.
Salesforce introduced its “Work From Anywhere” strategy, estimating that more than 65% of employees will adopt the new system, based on a company survey.
For those that will be coming into an office, the current spaces will be redesigned to accommodate more of a “community hub” feel, focusing on collaboration and breakout areas to foster moments of human connection.
Published: 26 January 2021
In this first part of a two-part special feature, Priya Sunil seeks to find out the pros and cons of remote working, and more specifically, the situations which it is ideal or non-workable for. Leaders from Siemens, Schneider Electric, Luxasia and more share their views.
The uptake of remote working has been catalysed by years owing to the pandemic, and we suddenly find flexible working arrangements have become the norm rather than the exception. But have organisational leaders had enough?
In this first part of a two-part special feature, we seek to find out the pros and cons of remote working, and more specifically, the situations which it is ideal or non-workable for. Leaders from Siemens, Schneider Electric, Luxasia and more share their views in this industry exclusive.
Stay gold, ‘Plaid for X’ startups
A failed acquisition usually triggers the same series of questions: What does this mean for early-stage startups in the sector? Will a chilling effect occur and hurt valuations? Will VCs stop funding this category? How will the exit environment look going forward?
This week gave that narrative a bullish twist. Visa and Plaid announced that they have reached a mutual agreement to no longer pursue a merger. The $5.3 billion deal had been under antitrust scrutiny from the DOJ, and eventually ended amid these regulatory challenges.
Fintech VCs and startups alike reacted to the fallen deal with aggressive optimism about Plaid’s future as an independently-owned fintech startup.
Updated Dec 22, 2020 | 14:41 IST
Goldman Sachs sees third wave of IT outsourcing cycle ahead likely to last at least two years; Infosys and Mindtree are top conviction picks, Buy rating on Mindtree, TCS, Tech Mahindra and Mphasis. Goldman Sachs sees strong pick up in IT outsourcing lasting 2 years; Infosys & Mindtree are top picks
Key Highlights
Covid-19 has boosted technology demand across industry verticals and geographies
Goldman expects USD revenue to grow in double digits along with margin expansion for top 5 IT players
TCS CEO & MD sees double digit growth for Indian IT industry; Edelweiss & Credit Suisse bullish on Indian IT