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In an internal Slack channel, employees discussed the reduced bonus, pressure from activist investors and how CEO Marc Benioff is responding.
11 months ago
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The latest layoffs affected hundreds of employees in locations including New York, San Francisco, and Atlanta.
11 months ago
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Robinhood is laying off more employees and reorganizing teams as part of a new focus on credit cards as the company tries to mitigate a shrinking user base, insiders say.In June, Robinhood announced plans to acquire no-fee credit card startup X1 for $95 million. Insiders say the company is planning to merge X1 with its Robinhood Money organization, the subsidiary focused on cash management and spending features of the app like its debit card, direct deposit, and peer-to-peer payments. Credit car…
4 months ago
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Salesforce Chief Trust Officer Vikram Rao is leaving the company after less than 18 months in the role, according to an internal memo viewed by Insider.Rao is leaving for a “new opportunity,” and said his last day will be Oct. 15, according to a Slack post by Salesforce President Srinivas Tallapragada on an internal channel for technology, product, and marketing employees.Rao, who joined Salesforce in 2017, just returned from a sabbatical. In an internal Slack message from earlier this year view…
4 months ago
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Microsoft-owned LinkedIn is asking some workers to return to the office “multiple days per week” starting next month, according to an internal memo viewed by Insider.“Starting the week of November 6, I’m asking hybrid team members to spend multiple days per week in the office or in person with customers, for most weeks,” LinkedIn Chief Operating Officer Dan Shapero wrote in a email to the company’s Global Business Organization. The organization includes sales teams.Unlike return-to-office mandat…
4 months ago
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Amazon accidentally published a job posting for a director of security engineering for something called “Project Panda” with a strange description indicating the listing would be used to find “opportunistic candidates.” “This posting was listed in error and we’re working to remove it,” Brad Glasser, an Amazon spokesperson said.“Pooling requisition for security,” the now-deleted job posting repeatedly stated. “Using to push through opportunistic candidates to have conversations with security lead…
3 months ago
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Leaked Microsoft pay guidelines viewed by Insider provide insight into how much the company pays new hires by level, with ranges for base pay, hiring bonuses, and annual stock awards.The guidelines were published earlier this year and are used by hiring managers to decide how much to offer new hires, according to a person with direct knowledge of the process.It’s unclear how broadly the guidelines apply, or whether they are just for one specific role or business, but the ranges provide a window…
3 months ago
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Microsoft is preparing to bring on Amazon as a major customer of its 365 cloud productivity tools, a megadeal that would transform bitter rivals into business partners, according to an internal document and a person familiar with the situation.The e-commerce giant has committed more than $1 billion over five years to secure more than one million Microsoft 365 license seats, according to the Microsoft document, which was reviewed by Insider. Those spots are expected to be used by both Amazon corp…
3 months ago
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Microsoft just shut down Project Airsim, its AI-based drone simulation software that was part of its vision for an “industrial metaverse,” Insider has learned.On Monday, the team behind Project Airsim received a “team update” calendar invite and was told in the meeting that the whole team will be laid off and the project will be discontinued, according to a person familiar with the matter. Microsoft confirmed it will discontinue the project on Dec. 15.“We are proud of the impact this incubation…
3 months ago
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Apple just indefinitely suspended internal Slack channels for Jewish and Muslim employees after deleting messages about the Israel-Hamas war, according to internal messages viewed by Insider.“We have a very important update to share with you today. We saw and heard your feedback,” a leader of Apple’s Muslim employee resource group wrote. “We’ve collectively decided that the only sustainable path forward is to briefly pause the Apple Muslim Slack channel. The Apple Jewish Slack channel will do th…
3 months ago
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Amazon’s multiyear commitment to use Microsoft 365 includes more than 1.5 million license seats across different tiers of Microsoft’s cloud-based productivity suite, according to a person with direct knowledge of the deal.The arrangement involves Amazon spending more than $1 billion over five years, according to an internal Microsoft document viewed by Insider and two people familiar with the matter.Amazon already uses an on-premise version of Microsoft’s Office products but is moving to the clo…
3 months ago