Salesforce Strives to Make Sales Force More Efficient
The business-software company is taking steps to improve its profit margins, including slimming teams.
Salesforce Inc. was the poster child for the tech sector's growth at any cost strategy in years past. Salesforce Inc. is trying to become the industry's leader by becoming more efficient and more profitable.
The business-software company is facing slowing growth
more demanding investors
, it is pivoting to focus on profit by cutting back on its number of employees and the amount of money it uses to close deals and take care of clients.
Its shares surged 15% last week
as it declared that its efforts were working, offering ambitious projections for revenue and profit margins.