Salesforce Criticized for Paying McConaughey $10M While Laying Off 8,000 Employees
- Posted on March 08, 2023
- Business
- By STEPHEN ADEBAYO
Salesforce, the cloud-based customer relationship management (CRM) software company, has come under scrutiny for reportedly paying Hollywood actor Matthew McConaughey a whopping $10 million a year to serve as a creative adviser. This news has raised eyebrows, especially since Salesforce recently laid off 8,000 employees, causing many to question the company's priorities and ethics.
Salesforce, which has long been known for its commitment to corporate social responsibility, has faced backlash over the past few weeks since news of the layoffs broke. Critics argue that it's hypocritical for a company that claims to prioritize its employees to lay off such a large number of workers while continuing to pay exorbitant sums to celebrities like McConaughey.
The company, which is valued at over $183.3 billion [Forbes.com], has defended its decision to bring McConaughey on board as a creative adviser, citing his experience and expertise in branding and storytelling. Salesforce CEO Marc Benioff said in a recent interview that McConaughey will help the company "connect with our customers in a more meaningful way" and that he's "excited to have him on board."
However, many have criticized the move, arguing that Salesforce should be prioritizing its own employees over celebrity advisers. Critics also argue that the move is tone-deaf, especially given the current economic climate and the number of people who are struggling to make ends meet due to the pandemic.
Salesforce has long been a leader in the tech industry when it comes to corporate social responsibility. The company has been praised for its commitment to sustainability, diversity, and inclusion. However, this recent move has raised questions about the company's priorities and whether it's living up to its own values.
Salesforce is not alone in facing criticism for its treatment of employees during the pandemic. Many other companies have faced similar backlash for laying off workers while continuing to pay executives and other high-profile employees. Critics argue that this is yet another example of the growing wealth gap in the United States and the ways in which corporations prioritize profits over people.
Despite the criticism, Salesforce has defended its decision to bring McConaughey on board and has emphasized its commitment to its employees. The company has stated that it will provide its laid-off workers with a comprehensive severance package and other resources to help them find new jobs.
In conclusion, Salesforce's decision to pay Matthew McConaughey $10 million a year while laying off 8,000 employees has sparked controversy and raised questions about the company's priorities. While some argue that McConaughey's expertise will be valuable to the company, others see the move as hypocritical and tone-deaf. It remains to be seen how this will impact Salesforce's reputation in the long run, but it's clear that the company will need to address these concerns if it wants to maintain its status as a leader in corporate social responsibility. Now a lot of people will be in the street looking for jobs. If you are looking for a job and you are in Lagos. Check out Hubforjobs.com.
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