Salesforce plans layoffs at Own amid acquisition strategy shift

Nov 20, 2024 · US-based software company Salesforce plans to lay off employees at Own, the data management startup, following the acquisition of the latter for approximately $2bn, …

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Salesforce Plans Layoffs At Own Amid Acquisition Strategy Shift

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Nov 20, 2024 · US-based software company Salesforce plans to lay off employees at Own, the data management startup, following the acquisition of the latter for approximately $2bn, …

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Salesforce Plan Layoffs At Own Following Acquisition Announcement

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2 days ago · Salesforce’s New Approach to Acquisitions. Marc Benioff has been on an acquisition frenzy over recent years, spending $15.7B in 2019 to acquire analytics platform Tableau, …

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Salesforce Plans Layoffs At Acquisition Own In Strategy Shift

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Nov 19, 2024 · Salesforce Inc. is planning to cut workers at Own, the data management startup it acquired for about $2 billion. Some roles will not be required “post harmonization,” Salesforce …

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Salesforce To Slash Jobs At Own After $1.9B Acquisition Finalized

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Nov 20, 2024 · Salesforce completed its $1.9 billion acquisition of Israeli-founded startup Own earlier this week, and employees have been promptly notified of impending layoffs. According …

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Salesforce To Lay Off Employees At Data Management Firm Own: …

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Salesforce (NYSE:CRM) is set to let go employees at Own, the data management software startup it purchased in September for $1.9B in cash, Bloomberg reported. Some roles at Own …

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Salesforce Layoffs: Jobs To Be Cut At 'Own' Following $2B …

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Nov 22, 2024 · A spokesperson for Salesforce refused to comment on the workforce reduction. The company’s multi-billion-dollar purchase of Own marks its second-largest acquisition since …

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Salesforce 2023 Layoff Plans Follow Recent Executive Exodus

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Jan 4, 2023 · Editor's note: This story was updated Jan. 4 to include layoff reporting. Salesforce has kicked off a restructuring plan that includes a 10% reduction of the company’s workforce …

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Salesforce To Cut About 700 Workers, Adding To Tech Layoff Flood

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Jan 26, 2024 · Salesforce Inc. is cutting about 700 workers, adding to a brutal string of tech layoffs at the start of 2024. Less than 1% of workers will be cut, according to a person familiar …

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FAQs about Salesforce plans layoffs at Own amid acquisition strategy shift Coupon?

Is Salesforce laying off employees?

·Verdict·VDB Photos/Shutterstock. US-based software company Salesforce plans to lay off employees at Own, the data management startup, following the acquisition of the latter for approximately $2bn, reports Bloomberg. Salesforce agreed to acquire Own in September 2024, and the deal’s closure was confirmed by Own on Linkedin earlier this week. ...

What happened to Salesforce's 'own' deal?

Salesforce agreed to acquire Own in September 2024, and the deal’s closure was confirmed by Own on Linkedin earlier this week. Own, now a Salesforce Ventures portfolio company, caters to nearly 7,000 customers to protect mission-critical data. Salesforce’s latest plan forms part of a strategic move following the acquisition. ...

How many people will Salesforce hire in 2024?

Separately, Salesforce announced plans earlier in November 2024, to hire more than 1,000 people to sell its new generative AI agent product. "Salesforce plans layoffs at Own amid acquisition strategy shift" was originally created and published by Verdict, a GlobalData owned brand. ...

Is Salesforce acquiring 'own company'?

SAN FRANCISCO-- (BUSINESS WIRE)-- Salesforce (NYSE: CRM), the world's #1 AI CRM, today announced it has signed a definitive agreement to acquire Own Company, a leading provider of data protection and data management solutions. ...

When will a Salesforce role be eliminated?

Some roles will be eliminated by 31 January 2024, while others will be “transitional”, lasting three to 12 months to aid the integration process, the company said in the presentation. In a statement on Linkedin, Own earlier this week said: “Joining Salesforce marks the beginning of an exciting new chapter for Own. ...

What does Salesforce own do?

Own’s capabilities will complement Salesforce's existing offerings, such as Salesforce Backup, Shield, and Data Mask. This will enable Salesforce to offer a more comprehensive data protection and loss prevention set of products, further reinforcing its commitment to providing secure, end-to-end solutions. ...