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SALESFORCE HIRING SLOWDOWN
Indian IT still alive & kicking; companies need us to access AI gains: TCS CEO K KrithivasanDespite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skill sets, not just cost arbitrage, C...- August Jobs Report Today — will Wall Street soar or sink?August jobs report lands today with Wall Street on edge. After weeks of weak hiring data, rising jobless claims, and the worst August layof...
- Microsoft saves $500 million with AI, but with 15,000 job cutsAlthoff said that AI helped Microsoft save over $500 million in its call centres alone last year and led to higher employee and customer sa...
- AI doing up to 50% of work at Salesforce: CEO Marc BenioffLast month, Salesforce acknowledged that its adoption of AI tools has enabled the company to scale back on recruitment. During an analyst c...
- Salesforce’s AI push slows hiring; piles pressure on engineers, customer service rolesSalesforce chief financial and operations officer Robin Washington said that, alongside reduced hiring, AI implementation will see 500 cust...
- Indian FMCG companies struggling with a shortage of salesmen amid growing gig economyIndian FMCG companies are facing a significant shortage of salesmen as the demand for "feet on the street" workers declines. Sales targets,...
- Salesforce India revenue grew over 50% in FY23, India growth good; company to expand ops in BengaluruArundhati Bhattacharya, India chairperson and CEO, told ET that strong demand for digital solutions has helped define the expansion contour...
- Salesforce to hire 3,300 people after layoffs earlier this yearThe new hires will be split among sales, engineering and those working on Saleforce's data cloud product, Chief Operating Officer Brian Mil...
- Salesforce CEO Marc Benioff shakes up top ranks: reportMiguel Milano has been appointed as the chief revenue officer, the source said, adding that Ariel Kelman will take over as Salesforce's chi...
- IIT final placements see more diverse sectoral mix of top recruitersCompanies from financial services, EPC (engineering, procurement and construction), education and manufacturing have held their own against...
- What’s driving mass layoffs in the tech sector globally?The report said that almost half of those laid off belonged to the age group of 30-40 years and had an average work experience of 11.9 year...
- What Big Tech companies are saying to justify mass layoffsAs more and more Big Tech companies continue to sack employees, they have listed various reasons behind the move -- over-hiring, uncertain ...
- Activist investor Elliott Management takes stake in Salesforce: reportElliott has made many technology focused investments. It recently won a board seat at Pinterest Inc when the company added Elliott portfoli...
- Fewer Americans file for jobless benefits last weekThe number of Americans applying for jobless aid for the week ending Jan. 14 fell by 15,000 to 190,000, from 205,000 the week before, the L...
- Salesforce aims to cut costs by $3 billion to $5 billion: reportSalesforce said on Wednesday that it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it with a bloated wo...
- Indian tech firms have bigger problems than the FedManaged tightly from headquarters in Mumbai or Bengaluru, Indian IT firms still have a strong labor-cost advantage when it comes to large-s...
- Salesforce shares fall as revenue forecast misses analysts’ estimatesSales will be as much as $7.83 billion in the period ending in October, the San Francisco-based company said Wednesday in a statement. Anal...
- Apple to slow down hiring for 2023: reportThe hiring changes at Apple will not affect all the teams but some verticals will see decreased hiring activities next year, according to B...
- It's Kaun Banega Crorepati at IITs from SundayMore cos are likely to offer crore-plus packages. Salesforce is set to pip Microsoft as biggest paymaster.
- NITs trump the slump this hiring seasonStudents at these engineering colleges have bagged more offers and higher pay packages in the placement season that started in August, comp...
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