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Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges

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Salesforce cut labor in November despite thriving earnings.Company revenue is also up despite industry complications.Larger industry concerns add new obstacles to many Salesforce peers.In the first week of November, Salesforce Inc. (NYSE:CRM) announced it would let go of employees after demand lightened for its enterprise software. This is certainly not good news and it touches on the larger concerns that have affected earnings for front-office software this quarter. Salesforce also recently lowered its guidance, further feeding investor worries about the strength of the stock. Q3 2022 hedge f…

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