Tag: Salesforce
Savings program causes unrest among employees and customers
SAP office in Berlin The austerity program has met with massive criticism internally – employee representatives criticize the lack of communication. (Photo: Bloomberg) Dusseldorf At the end of January, SAP…
The most successful hedge fund managers rely on these stocks
Citadel CEO Ken Griffin (l.) and Greg Jansen, Bridgewater co-investment director They use different investment strategies. (Photo: Reuters, Bloomberg) Dusseldorf While US corporations are laying off employees and preparing for…
Activist US funds are increasing the pressure again
burning day The hedge fund Engine Capital is calling for the trade in specialty chemical products to be separated from bulk chemical distribution. (Photo: Brenntag AG) Dusseldorf, New York Activist…
How financial investors want to trim technology companies for returns
Global trends Handelsblatt International correspondent Torsten Riecke analyzes interesting data and trends from all over the world in his weekly column. You can reach him at [email protected] (Photo: Klawe Rzeczy)…
The restructuring at SAP is correct
SAP Despite the decent numbers, the Dax group still has a lot to do in its core business. (Photo: Reuters) The restructuring program that the software company SAP has now…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
WSJ Announces Activist Investor Elliott’s Entry into Salesforce
Salesforce The software provider is currently suffering from collapsing sales figures and the departure of several managers. (Photo: Reuters) san francisco Activist investor Elliott Management Corp. has, according to a…
How Suse boss Melissa Di Donato wants to achieve the turnaround
Dusseldorf Investors in the software manufacturer Suse need strong nerves: the capital markets have devalued the share for months, and in September the share price fell to an all-time low.…
Microsoft plans to cut 10,000 jobs this year
Microsoft Microsoft shares started Wednesday trading with modest gains. (Photo: Reuters) Dusseldorf The next big job cut is in the tech industry: Microsoft announced on Wednesday that it would lay…
Why CEOs need to be political now
Tech billionaire Peter Thiel, WEF founder Klaus Schwab, entrepreneur Elon Musk, BASF boss Martin Brudermüller (from left) Today’s CEOs must not only be able to run their companies, but also…
Wall Street closes in the black – Tesla continues its descent
new York Investors on Wall Street have remained on guard as the US accounting season kicks off. The Dow Jones index of standard values closed a moderate 0.3 percent higher…
US banks spoil Wall Street investors’ mood
new York Investors on Wall Street have remained on guard as the US accounting season kicks off. The Dow Jones index of standard values was hardly changed at 34,200 points…
The momentum speaks for European equities
Advantage for Europe The overweight in industrial stocks is currently benefiting the European markets, says Handelsblatt editor Astrid Dörner. But it is important to keep the risks in mind. (Photo:…
What the tech industry needs to solve now
Ozlem Türeci and Ugur Sahin Technology that saves lives. (Photo: imago images/Political Moments) When we were under the first officially ordered house arrest of our lives less than three years…
Amazon is reportedly laying off more than 17,000 US workers
Amazon The tech company could lay off thousands of employees. (Photo: dpa) new York According to CEO Andy Jassy, the online retailer Amazon is laying off even more employees than…
Wall Street gives back some gains under Fed minutes
new York US investor optimism has eased somewhat following the release of minutes from the US Federal Reserve’s December meeting on Wednesday. Market barometers limited their gains in late US…
Wall Street gives back some gains under Fed minutes
The Dow Jones benchmark index limited its gains to 0.3 percent to 33,220 points from a previous 0.6 percent. The broader S&P 500 was up 0.6 percent to 3,846 points,…
SAP competitor cuts every tenth job
US software manufacturer Salesforce Before the planned savings come into play, management expects costs of around $1.4 billion to $2.1 billion. (Photo: Reuters) Berlin The US software group Salesforce is…