While other software companies are trimming their workforces, Snowflake Inc. plans to continue hiring.
On the heels of a fiscal year in which it added about 1,900 net new employees, Snowflake executives SNOW anticipate another four-digit addition this year. Snowflake “will not grow our revenue faster unless we see productivity increase in the sales organization, and when we see that increase in productivity, we’ll add more heads there, and we think we’re adding at the appropriate pace based on what we’re seeing in the business today,” Scarpelli added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Snowflake earnings: What to expectSnowflake is well positioned to beat expectations on product revenue for the latest quarter, according to some analysts, but all eyes will be on its outlook. Flurries? ❄️❄️❄️
Source: MarketWatch - 🏆 3. / 97 Read more »
Snowflake stock falls after earnings as forecast underwhelmsThe data-software company beat expectations with its latest quarterly results but forecast lower revenue for the full year than analysts had been anticipating.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves after hours: Silvergate Capital, Salesforce, Snowflake, Okta and moreStocks making the biggest moves after hours: Salesforce, Snowflake, Okta and more Always remember that when a 🇺🇸 company beats it goes up 16% like $crm. When a commie 🇨🇳 company like $baba beats it drops 10%. These alibaba has a negative TEN YEAR return. Avoid dictator Xii and his garbage. $bidu $jd $nio
Source: CNBC - 🏆 12. / 72 Read more »