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This year’s Economist MBA rankings... Thoughts?

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Saatchi la parental leave policy?
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This is distribution specific, to sales aes who have not reached targets in the last 6qs. This is not a massive layoffs, just a more estricted management of people not reachings sales targets…
Having said that: we are extremely inefficient, huge overlaps everywhere, a lot of seniors teams, no one knows the value they add… we also need ratizionalization outside distribuyion
Mentor
I’m trying to get on that team tbh
As someone who is involved in the sales cycles for Salesforce... it's definitely slowed down, but they're still selling stuff.
Knowing Salesforce, this seems like more of an opportunity to cut low performers and to reduce headcount in overstaffed or underperforming departments.
It's also worth noting that Salesforce is starting to go away from full time employees and rely more on contractors in more internal technical/operational roles, for several reasons...
People that were cut, most positions approved for backfilling.
Roughly 1000 people. Privately I can share more, but I'm not ringing the alarm bell (yet); in more of a wait-and-see mode.
To remain competitive, maximize customer value, and keep top-performing employees engaged, et al, "stack ranking" is a must.
While I'm supportive of stack ranking, if you care about people, it's never easy. Especially right now where some are being let go because of overhiring VS performance issues. Other times it's a result of waning demand, mismanagement, or poor go-to-market strategy.
I don't want to speak for Salesforce, but if I had to guess, it's about underperforming people or perhaps overhiring. People that in a...less-confusing economy, might be effective enough to keep. Some may be a result of sunsetting products like Social Studio.
I don't know that it's about waning demand, though.
Often, the best strategy in navigating a decelerating, mixed-signal economy, where eCommerce sales have dropped for the first time in 9 years, is with an enhanced/improved digital strategy, thus, creating opportunities.
This represents less than 2% of their workforce
Revisiting this thread in light of today’s news. Sorry to all those affected. Wow
Meta notified 11,000 by email this morning
He should have notified himself.
Wow!
Any idea from which grp? Heard nothing around me
It was lower performing AE’s. Looked at 8 quarters of unramped quota. Funny thing is 8 quarters brings us smack back into the pandemic when the world shut down for a year or more. 🤷♀️🤷♀️
There are opportunities out there.