
Does this mean...
... that house prices in San Francisco are about to fall?
Salesforce has announced drastic restructuring plan to cut 10 percent of its workforce at a cost of around $1.4 billion to $2.1 billion. The CRM giant employs around 73,000 people, so the restructuring plan announced to the US Securities and Exchange Commission [PDF] this morning could see 7,000 jobs go. Meanwhile, the SaaS …