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Salesforce Plans for Major Layoffs
- givemeethekeys 4y agoThis explains why the stock price went up by almost 5% today. Of course, judging by their PE ratio of around 150 - it's still being treated like a growth stock.
- posharma 4y ago1000 out of ~75k. That's 1% of the workforce. Would you call that "major"?
- lukewrites 4y agoThe article says 2,000 but your point stands that it's a relatively small percentage of the workforce. However, it's also a large number of people to be put out of jobs before the holidays.