Salesforce will lay off 10% of staff as part of restructuring
331–340 of 355 posts
Re: Salesforce will lay off 10% of staff as part of restructuring
#332Whenever 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).
I have personal experience with other ERPs and Salesforce is the best of the lot in my opinion. With my current company, we have employees in Singapore, Europe, USA, and South Africa etc. who all interact with Salesforce on a daily basis. We use it for CRM, service support (VOIP with call tracking), marketing, financials (questionable decision), and analytics (Tableau). Where it shines in my opinion is that does auto…
Re: Salesforce will lay off 10% of staff as part of restructuring
#333Earlier quoted context omitted.
What does this have to do with my comment?
That you should save money and not be dependent on the generosity of your employer or the government to make sure you can continue to have food and shelter.
Re: Salesforce will lay off 10% of staff as part of restructuring
#334Maybe 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.
Re: Salesforce will lay off 10% of staff as part of restructuring
#335Earlier quoted context omitted.
How do you run financials in SF?
SF doesn’t do ERP level financials natively, but there is an industry of apps built on top of SF. Some try to turn SF into an ERP. Examples I’ve worked with in the last year: -Rootstock -Accounting Seed -FinancialForce That said, I design ERP integrations for a living. SF based ERPs are consistently the lowest quality and most limited ERPs we deal with. I would highly recommend that any finance professional seriously…
Re: Salesforce will lay off 10% of staff as part of restructuring
#336Earlier quoted context omitted.
That you should save money and not be dependent on the generosity of your employer or the government to make sure you can continue to have food and shelter.
Please tell me what the purpose of living in a society is? Also, be sure not to use the words "firetrucks", "military jobs program", or "I pay my taxes for this exact purpose, in the event I need these services"
Or do you expect the government to replace 100% of a tech employees compensation?
Re: Salesforce will lay off 10% of staff as part of restructuring
#337Earlier quoted context omitted.
I have personal experience with other ERPs and Salesforce is the best of the lot in my opinion. With my current company, we have employees in Singapore, Europe, USA, and South Africa etc. who all interact with Salesforce on a daily basis. We use it for CRM, service support (VOIP with call tracking), marketing, financials (questionable decision), and analytics (Tableau). Where it shines in my opinion is that does auto…
What do you dislike about MuleSoft?
Re: Salesforce will lay off 10% of staff as part of restructuring
#338A 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…
Not sure what is the point of this anecdote. In any company of 7k people, regardless of how lean it's run, you'll definitely find at least one person in that situation. I think you're trying to say that Salesforce did the right thing to lay off 10% of its workforce, which would be quite insensitive in this context.
I'm saying that if Salesforce has employees in this situation, they are making poor hiring decisions and it's no wonder they had a spare 10% of employees to lay off. I certainly am not glad anyone got laid off, but we wouldn't be in this position in the first place if Salesforce knew what they were doing.
Re: Salesforce will lay off 10% of staff as part of restructuring
#339Earlier quoted context omitted.
I have personal experience with other ERPs and Salesforce is the best of the lot in my opinion. With my current company, we have employees in Singapore, Europe, USA, and South Africa etc. who all interact with Salesforce on a daily basis. We use it for CRM, service support (VOIP with call tracking), marketing, financials (questionable decision), and analytics (Tableau). Where it shines in my opinion is that does auto…
What do you dislike about MuleSoft?
Re: Salesforce will lay off 10% of staff as part of restructuring
#340Earlier quoted context omitted.
There was a slide deck by Sequioa going around recently, wherein one of the points was that the companies that cut costs hard and fast at the beginning of the recession were more likely to survive to the end of it. Either that or they see something the rest of us don't when looking at economic data (a long recession).
That's the general consensus, especially around YC companies. Didn't they send out warnings early last year suggesting people cut early and deep? I really don't think Salesforce falls into that category though. They aren't going out of business any time soon and their revenue may not even drop if there were a recession.
Typically, revenue suffers if either clients downgrade or stop their contracts. Or go out of business. Is Salesforce in a position or niche where that doesn't apply?