Salesforce’s Business Model Faces Test as Elliott Management, Others Weigh In

Share Salesforce intends to cut 10% of its work force. Salesforce Inc., CRM 3.05% which pioneered cloud software to become one of the largest companies in technology, has hit a rough patch in recent months as slowing growth and employee turmoil damp enthusiasm about its business. On Sunday, The Wall Street Journal reported that Elliott Management Corp. had made a multibillion-dollar investment in the company . In October Starboard Value LP said it had taken a stake in the company . Continue reading your article with a WSJ membership

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