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joining us now is Anna Rock Rana a Bloomberg intelligence he joins us on Salesforce and its restructuring plan and Iraq were looking at 10 of its Workforce stock is up over three percent is this a theyre losing market share thing or is this a demand thing or is this that they hired too many things I think its a mix of last two things that you mentioned they hired a lot of people during the pandemic and after that you know you look at I.T spending slowing down Enterprise ID spending is going to be horrible this year and I think a lot of this is a reflection of that we have seen other software companies announce that as well Shopify did it you know uh in last year and we expect more companies to come up with similar numbers um they may not be 10 but we do expect similar Trends going forward as well anurag is this an example of bad management is this an example of a company that over hired during a downturn didnt really kind of get a handle on what really the Outlook was really going
