News for hackers. Stuff that matters.
Re:Salesforce will lay off 10% of staff as part of restructu... by llampx on Wednesday January 04, 2023 @11:59AM (#34248116)
There was a slide deck by Sequioa going around recently, wherein one of the points was that the companies that cut costs hard and fast at the beginning of the recession were more likely to survive to the end of it.

Either that or they see something the rest of us don't when looking at economic data (a long recession).

Re:Salesforce will lay off 10% of staff as part of restructu... by bink on Wednesday January 04, 2023 @02:32PM (#34250236)
That's the general consensus, especially around YC companies. Didn't they send out warnings early last year suggesting people cut early and deep? I really don't think Salesforce falls into that category though. They aren't going out of business any time soon and their revenue may not even drop if there were a recession.
Re:Salesforce will lay off 10% of staff as part of restructu... by berkes on Thursday January 05, 2023 @02:07AM (#34256954)
Why would their revenue not drop?

Typically, revenue suffers if either clients downgrade or stop their contracts. Or go out of business. Is Salesforce in a position or niche where that doesn't apply?

Re:Salesforce will lay off 10% of staff as part of restructu... by __coaxialcabal on Wednesday January 04, 2023 @03:27PM (#34250982)