The rise of Marc Benioff, the CEO of Salesforce and owner of Time Magazine
Salesforce's Marc Benioff, who was inspired to create the firm by swimming with dolphins in Hawaii, is still at the helm after 25 years. CareersSalesforce kicked me out after I left my desk to play ping-pong. Here's why I think employees shouldn't be micromanaged.
In 2014, a game of ping-pong at work lost Miles Schwartz his internship at Salesforce. Now, he wants to give staff more freedom at his own company. TechElon Musk got his big payday. But Salesforce's Marc Benioff might not be so lucky.
Shareholders' vote against a plan for an independent board chair leaves Benioff in the seat. The compensation vote is not binding. MarketsSoftware stocks are slumping. The reasons behind the downturn and the 4 best investments to make now, according to UBS and C-suite executives.
Software stocks are down 8% year to date. Cybersecurity and cloud infrastructure are the best picks, according to UBS. AdvertisingWhy Oracle is shutting down its advertising business, which once brought in billions in revenue
Oracle is winding down its ad division after spending more than $4 billion acquiring advertising companies over the past decade. MarketsStock market today: US stocks extend losses ahead of new inflation data
Investors will get a fresh inflation reading, with implications for Fed policy as the markets heads into summer. MarketsSalesforce plunges 21% after it reports its first revenue miss since 2006
"We would be buyers on weakness this morning as seeing the forest through the trees this is a turnaround in motion for a premier tech stalwart." TechShopify has poached at least two dozen employees from Salesforce as it pushes into enterprise e-commerce
Shopify is intensifying its enterprise e-commerce push, recruiting two dozen people from Salesforce. CareersMiddle managers are on the chopping block, accounting for almost a third of layoffs last year
Middle managers are feeling the heat. Job cuts for those in the middle ranks are up from 20% in 2018 to over 31% in 2023, according to Bloomberg. TechSalesforce's new data and AI hires are coming from areas of the country with 'high talent pools, low cost of living'
Salesforce is ramping up hiring in areas with "high talent pools" and "low cost of living." TechBumble CEO Lidiane Jones poaches top Slack leaders to build a new executive team at the dating app company
Jones, who was CEO of Slack until January 2023, has hired three former leaders at the dating app company. TechFormer Salesforce exec says large language models must learn how to code if they want to level up
Richard Socher, former Salesforce exec and CEO of the AI-powered search engine You.com, talked about what's next in AI development. TechLess than 10% of Salesforce employees failed to hit an internal training goal. CEO Marc Benioff is one of them.
Most Salesforce employees achieved "Ranger" status on its internal-training program in 2023. Marc Benioff, Salesforce's CEO, wasn't one of them. TechSalesforce is the latest tech company to cut jobs with 700 layoffs, report says
The job cuts, which amount to about 1% of its workforce, follow a series of layoffs last year. PremiumSalesforce communications chief Brad Burns departs for Snowflake
Burns is joining the data-cloud company as it shifts focus from revenue growth to profit. TechSalesforce CEO Marc Benioff tells retail workers: AI won't steal your job. It can make you better at it.
Salesforce CEO Marc Benioff and Walmart's US CEO, John Furner, spoke at the National Retail Federation about the impact of generative AI on retail. TechEven the ultrawealthy had to wait in long lines at Davos — and they were reportedly annoyed about it
Those with a highly coveted white badge at Davos realized they couldn't buy their way to the front of the line. TechSalesforce CEO Marc Benioff says AI can't be 'bad' like social media if it's going to be trusted
The Salesforce CEO told the World Economic Forum that AI has to "cross the bridge of trust" and not end up in the same mess as social media. TechSalesforce refutes reports that it's imposing a hiring freeze: 'We are not freezing hiring in any departments'
"We are not freezing hiring in any departments," a Salesforce spokesperson told Business Insider. TechSalesforce's year of the boomerang: Here are the C-suite executives who joined, left, or returned in 2023
All of the executives who left or joined Salesforce this year.ncG1vNJzZmivp6x7o8HSoqWeq6Oeu7S1w56pZ5ufonykrdOenqiqqWTAorjErJ2oqpOa