The software company’s latest results have given it a reprieve. But it still needs to crank up its product offerings and ease up on acquisitions.
Salesforce has been having a rough ride for a while.
It has witnessed a slew of executive departures in recent months, including co-CEO Bret Taylor, arguably one of the most prolific innovators and executives of the tech industry. Taylor was the architect of Salesforce’s acquisition of Slack—the company’s biggest acquisition ever.
Then there’s been significant internal drama with activist investor groups that have been pushing for Salesforce to increase growth and margins, and flagging concerns about its recent acquisitions.
To make matters worse, in January, the company announced that it planned to close some offices and cut, by 10%, its …
Abhishek writes on technology trends, gadgets and SMBs, and has over a decade of experience—both as an industry watcher as well as a participant. He quit Microsoft in 2011 to become an independent digital consultant, and to write more, travel randomly, watch a lot of movies and wake up late on weekdays.
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