Salesforce faces two activist investors amid layoffs, slowing growth

Salesforce faces two activist investors amid layoffs, slowing growth

Already under siege from Wall Street analysts amid slowing growth, Salesforce execs have returned from schmoozing clients in the Swiss Alps at The World Economic Forum only to be greeted by one of the most feared activist investors in the game.

Elliott Management has taken a multi-billion dollar position in Salesforce, a source familiar with the matter confirmed to Yahoo Finance, adding that the investment management behemoth may push for a board seat.

“Salesforce is one of the preeminent…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *