{"id":17810,"date":"2020-03-26T18:09:41","date_gmt":"2020-03-26T18:09:41","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/salesforces-benioff-pledges-no-significant-layoffs-for-90-days.html"},"modified":"2020-03-26T18:09:41","modified_gmt":"2020-03-26T18:09:41","slug":"salesforces-benioff-pledges-no-significant-layoffs-for-90-days","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/salesforces-benioff-pledges-no-significant-layoffs-for-90-days.html","title":{"rendered":"Salesforce\u2019s Benioff pledges no \u2018significant\u2019 layoffs for 90 days"},"content":{"rendered":"

In a Twitter thread on Tuesday<\/a>, Salesforce CEO Marc Benioff outlined an eight-step plan to keep people safe and find treatments and a vaccine for the COVID-19 virus, all while working to find a way to get people back to work safely. He also asked that all CEOs take a 90-day \u201cno lay off\u201d pledge to help everyone get through the crisis.<\/p>\n

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6.Release workers who are ok.Develop plan for this with antibody titers to be on front line exposure positions.
7.Every ceo take a 90 day \u201cno lay off\u201d pledge.https:\/\/t.co\/hwC6xme1QT<\/a> everyone <\/p>\n

Thanks @DavidAgus<\/a> for editing!<\/p>\n

\u2014 Marc Benioff <\/a> (@Benioff) March 25, 2020<\/a><\/p>\n<\/blockquote>\n

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The same day, he posted another tweet<\/a> pledging to not make any \u201csignificant\u201d layoffs for 90 days. When TechCrunch asked Salesforce to comment on the difference between the two tweets, the company chose not to comment any further on the matter and let the tweets stand on their own.<\/p>\n

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Salesforce <\/a> is pledging to its workforce Ohana not to conduct any significant lay offs over the next 90 days. We will continue to pay our hourly workers while our offices are closed. We encourage our Ohana to pay their own personal hourly workers like housekeepers dog walkers.<\/p>\n

\u2014 Marc Benioff (@Benioff) March 25, 2020<\/a><\/p>\n<\/blockquote>\n

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It sounds like Benioff\u2019s second tweet, which also asked employees to consider paying their own hourly workers like housekeepers and dog walkers throughout the layoff period, whether they were working or not, was designed to give the CEO some wiggle room for at least some layoffs.<\/p>\n

Salesforce has almost 50,000 employees worldwide. Even if the company were to lay off just 1% of employees it would equal 500 people without jobs, though it\u2019s not clear if that would count as \u201csignificant.\u201d Perhaps more likely, the company might make some cuts to staff for performance or HR-related reasons, but not broad cuts, and thus make both of its CEO\u2019s claims essentially true.<\/p>\n

Salesforce is a wildly successful company. It celebrated its 20th anniversary<\/a> last fall and has grown from a pesky startup to a software behemoth with a projected revenue of over $20 billion<\/a> for FY2021. It currently has almost $8 billion in cash and equivalents on hand. Certainly companies that use Salesforce\u2019s products will continue to need them, even with the workforce at home.<\/p>\n

While it could have an impact on that projection for FY2021 and its ability to land new customers this quarter, it seems like it has the money and revenue to ride out the situation for the short term without making any moves to reduce headcount at this critical time.<\/p>\n

<\/a><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/a_WxbPqy0vg\/<\/p>","protected":false},"excerpt":{"rendered":"

In a Twitter thread on Tuesday, Salesforce CEO Marc Benioff outlined an eight-step plan to keep people safe and find treatments and a vaccine for the COVID-19 virus, all while <\/p>\n","protected":false},"author":1,"featured_media":17811,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-17810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t