Salesforce.com News - May 18, 2026

Salesforce Cut to Underperform at BofA, AI Transition Triggers Growth Reset
CRM

Salesforce Cut to Underperform at BofA, AI Transition Triggers Growth Reset

Bank of America reinstated coverage of Salesforce with an Underperform rating on May 18, 2026. Analysts established a $160 price target, citing a structural...
Salesforce freezes engineer hiring, citing 30% AI productivity gains
CRM

Salesforce freezes engineer hiring, citing 30% AI productivity gains

Salesforce will freeze software engineer hiring starting in 2025 as part of a company-wide AI transformation. CEO Marc Benioff attributed the recruitment halt...