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Top related persons:
Salesforce - 2 Marc Benioff - 2 Brian Milham - 2 Kendall Collins - 1 he's - 1 Collins - 1 Ariel Kelman - 1 Kelman - 1
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Salesforce Wall Silicon San Francisco Madrid
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Service - 1 CNBC - 1 Bloomberg - 1 Amazon Web Services - 1 Oracle - 1 Elliott Management - 1 Revenue - 1

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☆ Salesforce gave former employees stuffed toys wearing boomerang shirts as the company seeks to bring back ex-staff amid a hiring drive
  + stars: | 2023-09-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +3 min
Salesforce held an alumni event last week with 50 former executives who were gifted with stuffed animals. The company is encouraging former executives to "boomerang" amid a hiring drive. Salesforce recently announced plans to hire 3,000 people despite brutal layoffs earlier this year. Kelman, who left the company in 2011 for leadership stints at the likes of Amazon Web Services and Oracle, said it was "good timing," and rejoined as president and chief marketing officer. Salesforce said it is hiring 3,300 employees across sales, engineering, and its data cloud product teams to help grow its artificial intelligence business last week, per Bloomberg.
Persons: Salesforce, Marc Benioff, Kendall Collins, he's, Collins, Ariel Kelman, Kelman, Miguel Milano, Celonis, Brian Milham, Katie Kutzer, David Winslow, Craig Shull, Steve Fisher, Dean Robison Organizations: Service, CNBC, Bloomberg, Amazon Web Services, Oracle Locations: Wall, Silicon, San Francisco, Salesforce, Madrid
☆ Marc Benioff touts Salesforce's 'performance culture' as the cloud giant speeds towards the profit margins Wall Street wants
  + stars: | 2023-05-31 | by ( Ellen Thomas | ) www.businessinsider.com   time to read: +3 min
CEO Marc Benioff said the company's "performance culture" is fueling that profitability. Guidance for the company's adjusted operating margins for its current fiscal year, 2024, has been raised to 28%, CEO Marc Benioff said on Salesforce's first-quarter earnings call Wednesday. That is a significant stride towards the company's goal of exceeding 30% adjusted operating margins in the next two years, a goal Insider reported in February. Profit margins improved in the first quarter largely thanks to the company's restructuring plans, which included laying off 10% of its workforce and shedding office space. Both Benioff and chief operating officer Brian Milham touted the company's "performance culture" for driving its results in the first quarter.
Persons: Salesforce, Marc Benioff, Amy Weaver, Brian Milham, Benioff, Milham, Slack, Ellen Thomas Organizations: Elliott Management, Revenue Locations: Salesforce
☆ Benioff vs. Benioff
  + stars: | 2023-04-28 | by ( Ashley Stewart | Ellen Thomas | ) www.businessinsider.com   time to read: +29 min
Within Salesforce, Benioff riffs are at times met with backlash from an angry workforce. "You're not going to fire your family during times of need," a former Salesforce executive told Insider. "I don't think they understand Ohana," Benioff told Insider. "Look, we have to be the example of stakeholder capitalism," Benioff told Insider. A 'New Day' at Salesforce"I use the Japanese principle of shoshin, beginner's mind," Benioff told Insider in a phone interview in March.
☆ Leaked document shows Salesforce employees who routinely log over 10 hours of overtime pay will get a talking-to from senior management
  + stars: | 2023-04-12 | by ( Ellen Thomas | ) www.businessinsider.com   time to read: +3 min
Salesforce is scrutinizing overtime, especially for workers who log more than 10 overtime hours a week. Overtime policies were laid out earlier this month in an internal document viewed by Insider. Salesforce is taking a stricter approach to overtime pay, according to an internal document viewed by Insider. It isn't clear how many Salesforce employees qualify for overtime pay, but most large tech companies do have a percentage of their workforce that qualifies. The document reminding employees that overtime pay must be approved and limited comes during a time when the software giant is executing major cost-cutting initiatives.
☆ Salesforce's Marc Benioff defends his statements that new employees — and possibly younger remote workers — are not as productive, in leaked all-hands meeting
  + stars: | 2023-01-09 | by ( Ellen Thomas | Ashley Stewart | ) www.businessinsider.com   time to read: +5 min
In leaked all-hands audio, he doubled down, then questioned if younger remote workers were less productive, too. And this time, he made a new suggestion — that younger employees not coming into the office may be less productive as well, according to leaked audio of the meeting shared with Insider. "When we look at some percentage of the employees, especially some of the folks that are new employees, are just not as productive." "Are we not managing our remote employees well enough? Employees who heard their CEO repeat these allegations on the productivity of new employees, younger employees, remote employees — particularly in sales — were less than pleased.
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