Quick Glance: Microsoft splits up Teams and Office worldwide
- Microsoft is beginning to sell Teams and the other Microsoft 365 apps as separate products with separate prices for new commercial customers worldwide.
- The unbundling is a win for other team communication and video conferencing apps like Slack and Zoom, which have not benefited from the huge established user base of the Office apps.
- The separation follows an EU regulatory investigation that started in July 2023, and Microsoft may yet be fined.
- Currently, the changes only affect the Microsoft 365 plans for the Business, Enterprise, and Frontline versions of Microsoft 365.
Quick Glance: Salesforce is laying off 10% of its workforce, or about 7,000 people.
- Analysts at Piper Sandler, lead by Brent Bracelin, who have a buy rating on Salesforce stock, projected in a letter to clients that the cuts could reduce operating expenses by $1.5 billion or more per year and increase the company's operating margin to 26% from 21%.
- Salesforce management forecasted a 25% adjusted operating margin in the fiscal year ending Oct. 31, 2026, up from 22.7% in the previous quarter.
- Salesforce expects its workforce restructuring to be completed by the end of the fiscal year 2024, and its real estate restructuring to be completed by the end of the fiscal year 2026.
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