A lot is going on over at Salesforce! The company has recently announced a major layoff, and now, the latest news is that Salesforce CEO Marc Benioff went on a 10-day “digital detox” trip.
Read on to find out all the details!
Salesforce CEO Goes On Digital Detox
Salesforce, a maker of business software, recently announced significant layoffs affecting 10% of its workforce or about 7,000 employees.
However, Salesforce CEO Marc Benioff went on a 10-day “digital detox” trip while thousands of laid-off workers from the company and other tech giants turned to social media in search of new opportunities.
Benioff told The New York Times that he jetted off to French Polynesia for a 10-day trip in wake of the mass layoffs.
As per a text message by Benioff, “We are so addicted to our devices (at least I am) it’s very freeing to leave them all behind for a while!”
The phrase “digital detox” refers to a period of abstinence from using electronic devices like smartphones. A digital detox is generally intended to help people reconnect with nature, step away from social media, and unwind from their busy daily lives.
Salesforce Fires Thousands
The job cuts at Salesforce, a San Francisco-based business founded by former Oracle executive Marc Benioff, are by far the most significant in the 23-year history of the organization. The practice of renting out software services to internet-connected devices, or “cloud computing,” was invented by Benioff.
Earlier this year, the company had 73,541 employees on its payroll. As many as 2,500 employees may be affected by the layoffs.
However, the company retorted that “less than a thousand” employees were impacted by the job cuts. Additionally, it acknowledged that it had fired 90 contract workers earlier this week. Already, a growing number of its investors are asking for higher returns.
According to Salesforce, the company has always invested its profits in expansion. This includes shelling out enormous sums of money to buy businesses like Slack and Tableau. Additionally, activist investor Starboard is exerting pressure on the company as well.
