02:07 PM EDT, 03/25/2026 (MT Newswires) -- Salesforce ( CRM ) is skipping raises this year for director-level employees and above, Business Insider reported Wednesday, citing an internal memo.

Top performers at these levels will instead receive larger stock grants and bonuses, while merit increases will apply only to senior managers and below. The company is calling it an "investment in performance and long-term growth," the report added.

Employees will be informed about their compensation during performance reviews, which begin at the end of March, the report said. Around the start of its fiscal year on Feb. 1, Salesforce ( CRM ) laid off less than 1,000 employees and hired or promoted six new leaders to replace five high-profile departures, the report added.

Salesforce ( CRM ) didn't immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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