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Salesforce's Return-to-Office Mandate, Smartsheet Buyout Buzz, and SAP's Market Surge
Manage episode 429907999 series 3587565
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Salesforce is implementing a return-to-office mandate starting October 1st, with varying in-office schedules for different departments amidst ongoing layoffs and an employee attendance tracking system.
Mark Sullivan, President of Regulated Industries at Salesforce, joins the Zennify board as an advisor, aiming to leverage his expertise to maximize the value of Salesforce's platform and AI investments for Zennify.
Smartsheet has attracted buyout interest from private equity firms, resulting in the hiring of investment bankers. The company's stock jumped over 5% following the news.
SAP has surpassed Salesforce in market capitalization, driven by robust growth in its Cloud ERP Suite revenue, highlighting a significant shift in the enterprise apps market landscape.
Salesforce unveiled Einstein Service Agent, its first fully autonomous AI service agent designed to efficiently handle a variety of service issues, boosting productivity and customer experience.
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