Tag: Marc Benioff

Salesforce punishes staff after record breaking quarter

Posted on August 29, 2020 by - News

Salesforce logoA day after CEO Marc Benioff praised the company’s 54,000 staff for delivering a record-breaking quarter he was busy sending out P45s and pink slips to 1,000 staff that made its success.

Those affected by the cuts have 60 days to find a new role in the company, with those who don’t find a job within the organisation being offered a redundancy package.

Those most likely to be affected are reportedly those who joined the organisation through acquisitions such as Tableau and MuleSoft.

Salesforce boss gets big cash boost

Posted on November 29, 2013 by - News

Salesforce_Logo_2009The CEO of Salesforce is in the money.

Marc Benioff has been given a 20 percent pay rise meaning that he will earn a trifling $1.44 million.

The board also decided to give Benioff share options amounting to 1.85 million, and the current valuation of those shares is close to $29 million.

Benioff now owns shares worth over $2 billion, so he won’t be short of a bob or three.

The board revealed the pay increase in a regulatory filing but didn’t say what Benioff did to get the extra dosh.

Salesforce to open UK data centre

Posted on May 2, 2013 by - News

Salesforce_Logo_2009Salesforce will be opening a European data centre, based in the UK, in collaboration with NTT Europe.

The data centre should reach completion around 2014, and it will mark Salesforce’s sixth data centre world wide. It will be used to support the company’s cloud services in the EMEA region.

CEO Marc Benioff said in a statement that Europe was the fastest growing region for the company in fiscal 2013, managing to bring in revenue growth of 38 percent. “We are doubling down on Europe,” Benioff said.

Salesforce COO Stephen Kelly praised the UK, calling it one of the world’s “greatest technology centres”. “The UK is in a strong position to support fast growing international companies such as Salesforce,” Kelly said.

At the same time, Salesforce pointed out that there has been ‘unprecedented’ growth in cloud spending throughout Europe, citing an IDC paper that predicts public cloud will grow three times faster than other IT segments for the region.