Salesforce.com (CRM) has laid off "fewer than 100 people" at its Radian6 social media marketing...
Salesforce.com (CRM) has laid off "fewer than 100 people" at its Radian6 social media marketing software unit. The company says the move, which comes 18 months after Radian6 was bought for $326M, is tied to integrating the unit with recently-purchased Buddy Media. Yesterday, Salesforce filed an 8-K in which it disclosed Buddy Media posted 1H revenue of $18M (+76% Y/Y) and a net loss of $20.6M - Salesforce bear Todd Sullivan wasn't amused.
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