After crushing earnings, Salesforce announces layoffs of 1000

Here’s how the company did:

  • Earnings: $1.44 per share, adjusted, vs. 67 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $5.15 billion, vs. $4.90 billion as expected by analysts, according to Refinitiv.

Stock is up 25% and 60% YTD.

seekingalpha.com/news/3609085-salesforce-begins-job-cuts-after-record-earnings-wsj