the staff of the Ridgewood blog
Ridgewood NJ, this is starting to smell like the 1980’s . Salesforce is facing pressure from activist firm Elliott Management. The move has Salesforce employees worried about potential additional layoffs beyond those already announced. Elliott’s involvement could result in the ousting of Salesforce’s board of directors, divestment of acquisitions like Slack, MuleSoft, and Tableau, and an end to remote-work policies. Salesforce board members have to be reelected every year, a fact that may be exploited by investors at the next shareholder’s meeting.