Salesforce.com News - May 18, 2026
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
Salesforce will freeze software engineer hiring starting in 2025 as part of a company-wide AI transformation. CEO Marc Benioff attributed the recruitment halt...