‘Salesforce bows to pressure from activist investors’
The CRM giant is implementing strict new policies for employees across the board.
Salesforce is reacting to pressure from activist investors by cutting costs, according to an article on TechCrunch. For starters, the company is implementing much stricter performance measurements for engineering.... Read more
Activist investor Third Point takes stake in Salesforce
This latest move follows the lead of other activist investors, including Starboard Value, ValueAct Capital Partners, Elliott Investment Management, and Inclusive Capital, which have all taken shares in the San Francisco-based company.
Third Point, a New York-based firm led by CEO Dan Loeb, has a... Read more