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Salesforce CEO Marc Benioff's war of words with Microsoft rages on at Davos

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DAVOS, SWITZERLAND — The weather may have been teeth-chattering along the promenade in Davos, but that didn't stop Salesforce ( CRM) co-founder and CEO Marc Benioff from firing off a few new choice words on AI rival Microsoft ( MSFT ).
The article from AOL Finance discusses Salesforce CEO Marc Benioff's ongoing battle with activist investors, particularly focusing on his recent comments and actions. Benioff has been vocal about his resistance to the pressures from investors like Elliott Management, Starboard Value, and Inclusive Capital, who have pushed for changes in Salesforce's board and strategy. Amidst this, Salesforce announced a significant restructuring plan that includes laying off 10% of its workforce and closing some offices to cut costs. Benioff has defended these moves as necessary for the company's future, while also emphasizing his commitment to Salesforce's culture and values, including his philosophy of "Ohana," which means family in Hawaiian, underscoring his approach to business that prioritizes community and employee welfare over purely financial metrics. This situation highlights the tension between maintaining a company's ethos and meeting shareholder expectations for profitability and efficiency.

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