Maybe it's just the segment I'm in, but I feel like Salesforce was hiring pretty hard up until recently. They wouldn't be the only company to go from a hiring spree to layoffs that quickly over the last quarter. We really need to lock this absurdity down and increase severance requirements for large companies heavily. It's one thing to gamble risk for the company, it's something completely different to gamble employe…
Salesforce is giving a minimum of 5 months severance to affected people. That's not too shabby.
Salesforce will lay off 10% of staff as part of restructuring
321–330 of 355 posts
Re: Salesforce will lay off 10% of staff as part of restructuring
#322He never did a single moment of actual money-making or money-saving work for the company. They paid him about $50,000 for the privilege. Exhausted by the absurdity of the situation, he quit, and is now making substantially more money elsewhere... but also has actual work to do.
Nice gig if you can get it, I guess.
Re: Salesforce will lay off 10% of staff as part of restructuring
#323Earlier quoted context omitted.
For data in Salesforce my company (GRAX) offers a backup product that will write data to your data lake in standard formats like Parquet. This offers a strategy to read old SFDC data BI tools or in parallel with using a new CRM. However the real SFDC lock-in is around business process. If your global Sales or Support team lives in SFDC it’s not easy to retrain them to another system.
Out of curiosity, what do SFDC data export costs currently look like? Not my area, but I was under the impression Salesforce was trying to pinch continual-export by jacking up prices on bulk data exports.
Perhaps increased limits are bundled into other license costs.
Their pricing and permissions models are both hard to understand too :)
Re: Salesforce will lay off 10% of staff as part of restructuring
#324A friend of mine was hired by Salesforce in January. He worked there for six months. In that time, he did the haphazard onboarding they offered him... and that was it. Every day, he would ask his manager for work. Every day, his manager would tell him to hang in there, work was coming soon. He never did a single moment of actual money-making or money-saving work for the company. They paid him about $50,000 for the pr…
Re: Salesforce will lay off 10% of staff as part of restructuring
#325Heard this has affected engineering too, not just or mostly sales as people were thinking or happened before. (I remember a hiring manager years ago telling me once that there hadn't ever been any layoffs, all I could think was "yet".) For those affected, typical full systems cut-off as well, not very ohana of them to just terminate with no notice... Still, not unexpected given everything else going on. Glad I'm not…
Re: Salesforce will lay off 10% of staff as part of restructuring
#326I forget which podcast I heard it on (so forgive me if my memory is sloppy), but after their latest quarterly report didn't CAC payback go from 24 months to something wild like 10 years? Meaning their new ARR add rapidly fell off so quickly, before they adjusted their Sales and Marketing salaries and spending, that it immediately put their unit economics way way way way underwater. So I'd expect at least a big chunk…
Re: Salesforce will lay off 10% of staff as part of restructuring
#327Earlier quoted context omitted.
Huh. Romans invented stacked ranking.
It’s a bit more ironic than that —- at least according to to Wikipedia, they drew lots (I.e randomly) for the individual who was killed.
Re: Salesforce will lay off 10% of staff as part of restructuring
#328Earlier quoted context omitted.
Absolutely, in Roman times 'decimatio' was the punishment for a poor result in battle. The soldiers were obliged to choose one of ten, and kill him.
Seems like the low performers would have been taken care of already from the battle.
Re: Salesforce will lay off 10% of staff as part of restructuring
#329Earlier quoted context omitted.
Seems like the low performers would have been taken care of already from the battle.
Not necessarily. Cowardice is a viable individual survival strategy.
"Ave! Auxilium requiro."
"Oxnychz navar werun dosh? [laughs in extinct language]"
"Quid?"
Re: Salesforce will lay off 10% of staff as part of restructuring
#330Whenever I look at client’s Salesforce setups, I always wonder in the back of my mind what they will do if Salesforce has a significant down-turn? The lock-in to the platform appears to be very fierce. Are there viable routes to exit Salesforce if anyone ever needed to? (Note: I’m not saying Salesforce is doomed or anything, just the layoffs got me thinking in that direction theorically).
If you don't like it, administer your own database.