Salesforce (CRM) reportedly quietly laid off less than 1,000 workers in a new round of cuts, according to Business Insider
Salesforce's decision to lay off less than 1,000 workers indicates a strategic effort to streamline operations amid broader market challenges.
[MARKET ANALYSIS] DXY is rangebound and gets some respite following yesterday's selling
[MARKET ANALYSIS] JGBs recouped post-election losses, while T-note futures are kept afloat but with demand limited amid US and corporate supply
Salesforce (CRM) reportedly quietly laid off less than 1,000 workers in a new round of cuts, according to Business Insider
Japanese Finance Minister Katayama says discussions on using entire surplus are planned, but no position has been taken
[MARKET ANALYSIS] Commodities fade some of their recent gains after advancing on the risk-on mood and weaker dollar
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
While this may signal concern over growth prospects, it's important to assess how the market perceives the company's outlook and whether this move aligns with a proactive reshaping of its workforce in anticipation of future demands. Watch for potential impacts on revenue forecasts and overall market sentiment towards tech stocks.
Related headlines
- Microsoft (MSFT) will report two segments in FY27: Agents and Infra, and Devices and Consumer; Restated Q4 Azure revenue of USD 29.42bln.16 hours ago
- Newsquawk US Market Wrap: Stocks bid with yields and oil little changed16 hours ago
- Meta (META) has launched WhatsApp bill payments in India, which will integrate 22,722 billers33 min ago
- Nvidia (NVDA) confirms it is to acquire Hugging Face for USD 12.93bln; Hugging Face will remain an open platform44 min ago
- GE Vernova (GEV) supplies 16 turbines for ESB's 96 MW Chleansaid wind farm in Scottish highlands1 hour ago
- Campbell's (CPB) Q4 2026 (USD): Adj. EPS 0.39 (exp. 0.40), revenue 2.14bln (exp. 2.15bln). Cuts quarterly dividend to accelerate debt reduction 1 hour ago
- France reportedly begins tests on Tesla's (TSLA) self-driving technology, sources suggest; results are expected for FSD advanced driver-assistance systems are expected in mid-to-late September2 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln4 hours ago
- Micron (MU) plans to roughly double its HBM production capacity to about 100,000 wafers per month by year-end, ET reports5 hours ago
- JPMorgan (JPM) reduced lending to Jane Street for bond trading in 2025 as the US bank pushed into bond trading, according to FT15 hours ago
- Broadcom Inc. (AVGO) Q3 2026 (USD): Adj. EPS 3.32 (exp. 3.22), Revenue 29.59bln (exp. 29.24bln); Q4 revenue view 34.8bln (exp. 35.05bln)16 hours ago
- Hewlett Packard Enterprise Co. (HPE) Q3 (USD) Adj. EPS 1.11 (exp. 0.93), Revenue 12.20bln (exp. 11.95bln)16 hours ago
- Newsquawk Daily US Earnings Estimates - 3rd September: CIEN19 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Hanwha Ocean (042660 KS) won a KRW 1.55tln order from Taiwan’s Yang Ming Marine Transport to build six LNG dual-fuel container ships12 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran1 hour ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before1 hour ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates4 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed4 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources4 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks5 hours ago
The whole workspace, free to try.
Try it free