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Salesforce plans job cuts at newly acquired Israeli startup

Salesforce Inc. plans to cut jobs at Own, an Israeli data management startup acquired for US$1.9 billion.

According to company documents, certain positions at Own are considered redundant.

The termination date for these roles is January 31.

Some positions will remain temporarily, ranging from three to 12 months, to aid in the integration process.

Recent Salesforce developments

Timeline
11-Nov-2024 🤖 Salesforce to hire 1,000 for new AI product
  • Salesforce to hire 1,000 for Agentforce support.
  • Agentforce costs $2 per conversation, focuses on AI.
01-Nov-2024 🤖 Salesforce launches AI agent platform for business
  • Salesforce launches AI platform Agentforce
  • Enables autonomous agents for business roles
08-Mar-2023 🤖 Salesforce makes $250m commitment to AI
  • Salesforce unveils Einstein GPT for CRM and marketing.
  • Company launches $250M fund for generative AI startups.
25-Jan-2022 🚀 Salesforce-backed HR tech turns 🦄 with $72m fundraise
  • Darwinbox hits $1B valuation with $72M funding.
  • Plans major expansion, hiring 200 staff in Asia.
19-Jan-2022 💰 Salesforce president joins $35m round of 🇮🇱 product demo platform
  • Walnut raises $35M in Series B funding round
  • Total funds raised now at $56M since founding

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