Kevin V. Nguyen

In 2022, Salesforce CEO Marc Benioff <a href="https://finance.yahoo.com/news/salesforce-benioff-return-to-office-mandates-160008378.html" target="_blank" rel="noreferrer noopener">boldly proclaimed</a> that “office mandates are never going to work.” Now his company is soft-pedaling its own policy.&nbsp;

core/paragraph

In 2022, Salesforce CEO Marc Benioff <a href="https://finance.yahoo.com/news/salesforce-benioff-return-to-office-mandates-160008378.html" target="_blank" rel="noreferrer noopener">boldly proclaimed</a> that “office mandates are never going to work.” Now his company is soft-pedaling its own policy.&nbsp;

According to an internal memo reviewed by The Standard, San Francisco’s largest private employer has made the call to bring the majority of its employees back into the office, reversing a broad shift to remote work during the pandemic.&nbsp;

According to an internal memo reviewed by The Standard, San Francisco’s largest private employer has made the call to bring the majority of its employees back into the office, reversing a broad shift to remote work during the pandemic.&nbsp;

Select employees in sales, workplace services, data center engineering and&nbsp;onsite support technicians&nbsp;under the chief information officer will be required to come to the office four to five days a week, effective Oct. 1.

Select employees in sales, workplace services, data center engineering and&nbsp;onsite support technicians&nbsp;under the chief information officer will be required to come to the office four to five days a week, effective Oct. 1.

All other departments – including marketing, legal and product teams – will be designated “office-flex” — meaning they must come in at least three days a week. The company’s other engineering roles are also in this bucket, although they will be required to come in only at least 10 days each quarter.

All other departments – including marketing, legal and product teams – will be designated “office-flex” — meaning they must come in at least three days a week. The company’s other engineering roles are also in this bucket, although they will be required to come in only at least 10 days each quarter.

Unless working from a client site, the ability to be fully remote will be granted only on an exemption basis, the new guidelines say. One such exemption is for engineers working on Salesforce’s <a href="https://www.heroku.com/" target="_blank" rel="noreferrer noopener">Heroku platform</a>.&nbsp;

Unless working from a client site, the ability to be fully remote will be granted only on an exemption basis, the new guidelines say. One such exemption is for engineers working on Salesforce’s <a href="https://www.heroku.com/" target="_blank" rel="noreferrer noopener">Heroku platform</a>.&nbsp;

Per the memo, sent out last week, the guidelines are meant to “better clarify our in-person expectations.” To bolster in-person attendance, Salesforce will also roll out an internal dashboard to track data from employee badge scans (in the U.S. only), starting next month.&nbsp;

Per the memo, sent out last week, the guidelines are meant to “better clarify our in-person expectations.” To bolster in-person attendance, Salesforce will also roll out an internal dashboard to track data from employee badge scans (in the U.S. only), starting next month.&nbsp;

A person walks toward the security gates as others exit the elevators in the lobby at Salesforce Tower on Mission Street in Downtown San Francisco on Friday, Sept. 22, 2023. Tech sector companies in downtown San Francisco have begun to require staff and employees to return to work in their Downtown San Francisco office after working remote for many years during the Covid pandemic.

<figure class="wp-block-image size-large"><img src="https://content.sfstandard.com/wp-content/uploads/2024/07/20240202-businesstaxreform_004-edited.jpg" alt="A man with a backpack walks toward a sleek elevator lobby, while two women and a man walk away from it. The lobby has modern glass turnstiles and potted orchids." class="wp-image-292028"/><figcaption class="wp-element-caption">People walk towards the security gates in the lobby at Salesforce Tower in 2023.</figcaption></figure>

core/image

<figure class="wp-block-image size-large"><img src="https://content.sfstandard.com/wp-content/uploads/2024/07/20240202-businesstaxreform_004-edited.jpg" alt="A man with a backpack walks toward a sleek elevator lobby, while two women and a man walk away from it. The lobby has modern glass turnstiles and potted orchids." class="wp-image-292028"/><figcaption class="wp-element-caption">People walk towards the security gates in the lobby at Salesforce Tower in 2023.</figcaption></figure>

The company stated that employees will have “full visibility” of this data, which will measure attendance against quarterly goals set by each team. Notably, the dashboard will also track the average amount of voluntary time off employees take, which is time they can use for community service efforts.&nbsp;

The company stated that employees will have “full visibility” of this data, which will measure attendance against quarterly goals set by each team. Notably, the dashboard will also track the average amount of voluntary time off employees take, which is time they can use for community service efforts.&nbsp;

“Salesforce has always been a hybrid work company,” a spokesperson said in a statement. “Our guidelines focus on in-person connection, while also recognizing the value of working away from the office.”

“Salesforce has always been a hybrid work company,” a spokesperson said in a statement. “Our guidelines focus on in-person connection, while also recognizing the value of working away from the office.”

The push to return to the office comes as Salesforce cut around 300 roles this month, <a href="https://www.bloomberg.com/news/articles/2024-07-15/salesforce-cuts-about-300-jobs-in-latest-sign-of-tech-austerity">Bloomberg reported,</a> on top of 700 laid off earlier this year. Early last year, the software company cut around 10% of its positions — about 7,000 employees.&nbsp;

The push to return to the office comes as Salesforce cut around 300 roles this month, <a href="https://www.bloomberg.com/news/articles/2024-07-15/salesforce-cuts-about-300-jobs-in-latest-sign-of-tech-austerity">Bloomberg reported,</a> on top of 700 laid off earlier this year. Early last year, the software company cut around 10% of its positions — about 7,000 employees.&nbsp;

A 6-day workweek? At this SF startup, hustle culture is back with a vengeance

sf-standard/related-post

Real estate deals on this downtown street signal a comeback

San Francisco is getting back to in-person work. Just ask these companies

sf-standard/related-posts-container

Recently, the company has also been <a href="https://www.ft.com/content/6d0662ba-b033-49d7-849b-ea03a4689b98">fending off a push by activist investors</a> to prioritize profits amid slumping stock growth, although those efforts have since <a href="https://www.reuters.com/technology/activists-back-off-salesforce-after-share-price-recovery-2023-08-15/">receded</a>.&nbsp;

Recently, the company has also been <a href="https://www.ft.com/content/6d0662ba-b033-49d7-849b-ea03a4689b98">fending off a push by activist investors</a> to prioritize profits amid slumping stock growth, although those efforts have since <a href="https://www.reuters.com/technology/activists-back-off-salesforce-after-share-price-recovery-2023-08-15/">receded</a>.&nbsp;

During the pandemic shutdown, Salesforce joined a string of blue-chip tech firms in San Francisco in <a href="https://sfstandard.com/2024/04/24/how-much-big-tech-pulled-back-in-san-francisco/">retreating en masse from its downtown office presence</a> due to the shift to remote work. As a result, the city has the <a href="https://sfstandard.com/2024/06/26/san-francisco-office-vacancy-rate-record-experts-change/">highest office vacancy rate</a> in the nation, at 37%, according to real estate firm CBRE.&nbsp;

Corporate retreat: Big Tech has slashed its office presence in San Francisco by half

SF&#8217;s office vacancies just hit a new all-time high. But the &#8216;Great Reset&#8217; has begun

During the pandemic shutdown, Salesforce joined a string of blue-chip tech firms in San Francisco in <a href="https://sfstandard.com/2024/04/24/how-much-big-tech-pulled-back-in-san-francisco/">retreating en masse from its downtown office presence</a> due to the shift to remote work. As a result, the city has the <a href="https://sfstandard.com/2024/06/26/san-francisco-office-vacancy-rate-record-experts-change/">highest office vacancy rate</a> in the nation, at 37%, according to real estate firm CBRE.&nbsp;

The Moscone Center was filled with thousands of people who attended Dreamforce in San Francisco on Tuesday, Sept. 12, 2023. At this year’s event, there was a significant presence of AI tools, and discussions revolved around Salesforce’s efforts to protect users’ data. However, many individuals were unmasked, and few COVID-19 protocols were observed despite the recent rise in COVID-19 cases in San Francisco.

<figure class="wp-block-image size-large"><img src="https://content.sfstandard.com/wp-content/uploads/2023/09/INLINED05_WeirdestStuffDreamforcePix.jpg?w=2500" alt="The image shows a crowded event entrance labeled &quot;Dreamforce National Park,&quot; decorated with large, cartoonish statues, colorful hot air balloons, and green foliage under a clear sky." class="wp-image-201208"/><figcaption class="wp-element-caption">The Moscone Center was filled with thousands of people who attended Dreamforce in San Francisco on Sept. 2023. </figcaption></figure>

Salesforce employees will be returning to significantly less office space than they were accustomed to pre-pandemic.&nbsp;

Salesforce employees will be returning to significantly less office space than they were accustomed to pre-pandemic.&nbsp;

Last year, Securities and Exchange Commission filings revealed that the company had <a href="https://www.costar.com/article/1145439868/salesforce-cuts-san-francisco-office-footprint-by-45-over-past-year-%E2%80%94-and-it-may-not-be-done">trimmed 45%</a> of its office footprint, which included <a href="https://sfstandard.com/2023/04/11/salesforce-looks-to-dump-its-remaining-office-space-at-salesforce-east/">ditching a tower known as &#8220;Salesforce East&#8221;</a> at 350 Mission St.&nbsp;

Salesforce is leaving a San Francisco office tower bearing its name

Last year, Securities and Exchange Commission filings revealed that the company had <a href="https://www.costar.com/article/1145439868/salesforce-cuts-san-francisco-office-footprint-by-45-over-past-year-%E2%80%94-and-it-may-not-be-done">trimmed 45%</a> of its office footprint, which included <a href="https://sfstandard.com/2023/04/11/salesforce-looks-to-dump-its-remaining-office-space-at-salesforce-east/">ditching a tower known as "Salesforce East"</a> at 350 Mission St.&nbsp;

Last year, Securities and Exchange Commission filings revealed that the company had <a href="https://www.costar.com/article/1145439868/salesforce-cuts-san-francisco-office-footprint-by-45-over-past-year-%E2%80%94-and-it-may-not-be-done">trimmed 45%</a> of its office footprint, which included <a href="https://sfstandard.com/2023/04/11/salesforce-looks-to-dump-its-remaining-office-space-at-salesforce-east/">ditching a tower known as &#8220;Salesforce East&#8221;</a> at 350 Mission St.&nbsp;

Other tech firms in San Francisco have been doing the same. The social platform X is <a href="https://sfstandard.com/2024/07/12/twitter-sheds-most-of-its-san-francisco-office/">marketing most of its Mid-Market headquarters</a> for sublease after thousands of employees were laid off last year. Half of Uber’s headquarters are <a href="https://sfstandard.com/2023/10/27/openai-uber-headquarters-mission-bay/">being subleased to OpenAI</a>, and a chunk of Airbnb’s campus <a href="https://www.sfchronicle.com/realestate/article/s-f-airbnb-scale-ai-off-real-estate-19482263.php">went to the emerging Scale AI</a>.&nbsp;

Elon Musk’s X is not leaving SF yet, but it is dumping most of its headquarters

ChatGPT-maker OpenAI officially inks massive San Francisco office lease

Other tech firms in San Francisco have been doing the same. The social platform X is <a href="https://sfstandard.com/2024/07/12/twitter-sheds-most-of-its-san-francisco-office/">marketing most of its Mid-Market headquarters</a> for sublease after thousands of employees were laid off last year. Half of Uber’s headquarters are <a href="https://sfstandard.com/2023/10/27/openai-uber-headquarters-mission-bay/">being subleased to OpenAI</a>, and a chunk of Airbnb’s campus <a href="https://www.sfchronicle.com/realestate/article/s-f-airbnb-scale-ai-off-real-estate-19482263.php">went to the emerging Scale AI</a>.&nbsp;

Salesforce’s annual Dreamforce conference downtown — scheduled for Sept. 17-19 — is one of San Francisco’s biggest draws, although its <a href="https://sfstandard.com/2023/11/07/salesforce-dreamforce-san-francisco-2024/">future was briefly called into question</a> after Benioff said the city’s ongoing issues with homelessness and drug use had <a href="https://sfstandard.com/2023/08/29/report-marc-benioff-says-this-dreamforce-could-be-the-last-in-san-francisco/">given him pause</a>.&nbsp;

Salesforce&#8217;s Dreamforce conference to return to San Francisco in 2024, Mayor London Breed says

Report: Marc Benioff says this Dreamforce could be the last in San Francisco

Salesforce’s annual Dreamforce conference downtown — scheduled for Sept. 17-19 — is one of San Francisco’s biggest draws, although its <a href="https://sfstandard.com/2023/11/07/salesforce-dreamforce-san-francisco-2024/">future was briefly called into question</a> after Benioff said the city’s ongoing issues with homelessness and drug use had <a href="https://sfstandard.com/2023/08/29/report-marc-benioff-says-this-dreamforce-could-be-the-last-in-san-francisco/">given him pause</a>.&nbsp;

Correction: This article was updated to provide more detail on the return-to-office policies for engineering teams.

Correction: This article was updated to provide more detail on the return-to-office policies for engineering teams.

Salesforce mandates October return to office for most employees as layoffs continue

Rya Jetha

Employees at Andytown Coffee Roasters in Salesforce Park have gotten used to easing into the workweek with a slow Monday morning. But on the last day in September, the line to order coffee nearly reached the door, and cooks were working overtime with the panini press. 

Employees at Andytown Coffee Roasters in Salesforce Park have gotten used to easing into the workweek with a slow Monday morning. But on the last day in September, the line to order coffee nearly reached the door, and cooks were working overtime with the panini press.

One barista reported toasting more breakfast sandwiches than on any day in recent memory — let alone a Monday. 

One barista reported toasting more breakfast sandwiches than on any day in recent memory — let alone a Monday.

Similar scenes played out around the neighborhood as local businesses buzzed, with their owners thanking a major tech company for bringing workers back to the office. Salesforce, the city’s largest private employer, has begun requiring most San Francisco employees to come to the office four to five days a week.

Similar scenes played out around the neighborhood as local businesses buzzed, with their owners thanking a major tech company for bringing workers back to the office. Salesforce, the city’s largest private employer, has begun requiring most San Francisco employees to come to the office four to five days a week.

A crowd of people eats lunch at Salesforce Park as Salesforce employees are required to return to the office on Monday, September 30, 2024.

<figure class="wp-block-image size-large"><img src="https://content.sfstandard.com/wp-content/uploads/2024/09/img_9327.jpg?w=1875" alt="People are dining outdoors under leafy trees, seated on colorful chairs, with a modern building in the background." class="wp-image-317193"/><figcaption class="wp-element-caption">Workers, back at the office, eat lunch Monday at Salesforce Park.</figcaption></figure>

A steady stream of employees, many donning Salesforce backpacks, marched down sidewalks that have been more or less empty on Mondays since the pandemic struck. Traffic jams and a cacophony of honks filled the streets in SoMa, where Salesforce occupies multiple buildings, including Salesforce Tower. Commuters piled out of buses and into Salesforce Transit Center, the regional hub located below Salesforce Park.&nbsp;

A steady stream of employees, many donning Salesforce backpacks, marched down sidewalks that have been more or less empty on Mondays since the pandemic struck. Traffic jams and a cacophony of honks filled the streets in SoMa, where Salesforce occupies multiple buildings, including Salesforce Tower. Commuters piled out of buses and into Salesforce Transit Center, the regional hub located below Salesforce Park.&nbsp;

“It’s a big thing they are coming back to work,” said Dario Barbone, owner of Aurora Centro, an Italian deli in Salesforce Park. Unlike many tech companies, Salesforce does not have an in-house cafeteria, which meant local eateries thrived during the workday lunch rush before the pandemic. Now that workers are back, Barbone says, “it’s the best-case scenario for us.”&nbsp;

“It’s a big thing they are coming back to work,” said Dario Barbone, owner of Aurora Centro, an Italian deli in Salesforce Park. Unlike many tech companies, Salesforce does not have an in-house cafeteria, which meant local eateries thrived during the workday lunch rush before the pandemic. Now that workers are back, Barbone says, “it’s the best-case scenario for us.”&nbsp;

This week’s return-to-office mandate, which applies to select Salesforce employees in sales, workplace services, data-center engineering, and on-site support, reverses a broad shift to remote work during the pandemic that saw blue-chip tech firms in San Francisco <a href="https://sfstandard.com/2024/04/24/how-much-big-tech-pulled-back-in-san-francisco/">retreating en masse from downtown</a>.&nbsp;

This week’s return-to-office mandate, which applies to select Salesforce employees in sales, workplace services, data-center engineering, and on-site support, reverses a broad shift to remote work during the pandemic that saw blue-chip tech firms in San Francisco <a href="https://sfstandard.com/2024/04/24/how-much-big-tech-pulled-back-in-san-francisco/">retreating en masse from downtown</a>.&nbsp;

The city is still reeling from the pullback. More than a third of offices in San Francisco are vacant, according to preliminary third-quarter data from real estate firm JLL.&nbsp;

The city is still reeling from the pullback. More than a third of offices in San Francisco are vacant, according to preliminary third-quarter data from real estate firm JLL.&nbsp;

The downturn has hurt local businesses. But on Monday, lines of hungry workers waited for a salad or sandwich at downtown eateries.

The downturn has hurt local businesses. But on Monday, lines of hungry workers waited for a salad or sandwich at downtown eateries.

At Tender Greens next to Salesforce West, the lunch line went out the door. “It’s never this busy,” an employee yelled over the crowd as she packed a salad for pickup.&nbsp;

At Tender Greens next to Salesforce West, the lunch line went out the door. “It’s never this busy,” an employee yelled over the crowd as she packed a salad for pickup.&nbsp;

Down the street at Ebiko, a sushi spot that opened two weeks ago, Salesforce employees crowded in at lunchtime to choose from a variety of poke bowls and sushi platters. Owner David Liu made the decision to open a downtown San Francisco location following the success of his Oakland restaurant, based on his theory that employees and companies would eventually return to the area.&nbsp;

Down the street at Ebiko, a sushi spot that opened two weeks ago, Salesforce employees crowded in at lunchtime to choose from a variety of poke bowls and sushi platters. Owner David Liu made the decision to open a downtown San Francisco location following the success of his Oakland restaurant, based on his theory that employees and companies would eventually return to the area.&nbsp;

“This is the prime location to be in,” said Liu, adding Monday that he had recognized customers who used to frequent his Oakland location returning to their offices in downtown San Francisco.&nbsp;

“This is the prime location to be in,” said Liu, adding Monday that he had recognized customers who used to frequent his Oakland location returning to their offices in downtown San Francisco.&nbsp;

A crowd of people eats lunch at Tender Greens on Fremont Street as Salesforce employees must return to the office on Monday, September 30, 2024.

<figure class="wp-block-image size-large"><img src="https://content.sfstandard.com/wp-content/uploads/2024/09/img_9318.jpg?w=1875" alt="A bustling restaurant with wooden booths and modern lighting, where a line of diners stands at a counter, and a group of people are eating and conversing at a table." class="wp-image-317191"/><figcaption class="wp-element-caption">The pricey lunch salad is back in vogue in downtown San Francisco, as workers descend Monday on Tender Greens.</figcaption></figure>

“If you had a choice — and there’s so much vacancy — you’re going to the center which is here instead of deeper into SoMa or near the Civic Center,” he said. “I want to see it come back to life.”

“If you had a choice — and there’s so much vacancy — you’re going to the center which is here instead of deeper into SoMa or near the Civic Center,” he said. “I want to see it come back to life.”

When asked for comment, a Salesforce spokesperson referenced the company’s hybrid work guidelines that “focus on in-person connection, while recognizing the value of work away from the office.”

When asked for comment, a Salesforce spokesperson referenced the company’s hybrid work guidelines that “focus on in-person connection, while recognizing the value of work away from the office.”

Following Salesforce’s return to office and Amazon’s recent announcement that <a href="https://www.nytimes.com/2024/09/16/technology/amazon-return-to-office.html">employees are expected to spend five days a week in the office</a> beginning in January, other Big Tech firms are expected to introduce similar policies.&nbsp;

Following Salesforce’s return to office and Amazon’s recent announcement that <a href="https://www.nytimes.com/2024/09/16/technology/amazon-return-to-office.html">employees are expected to spend five days a week in the office</a> beginning in January, other Big Tech firms are expected to introduce similar policies.&nbsp;

“These are two huge technology companies, so I wouldn&#8217;t be surprised if others followed suit,” said Ramesh Srinivasan, a professor at UCLA who studies the future of work. “The dominos are falling on the Zoomifying of our lives.”&nbsp;

“These are two huge technology companies, so I wouldn't be surprised if others followed suit,” said Ramesh Srinivasan, a professor at UCLA who studies the future of work. “The dominos are falling on the Zoomifying of our lives.”&nbsp;

“These are two huge technology companies, so I wouldn&#8217;t be surprised if others followed suit,” said Ramesh Srinivasan, a professor at UCLA who studies the future of work. “The dominos are falling on the Zoomifying of our lives.”&nbsp;

Office attendance this year in San Francisco has averaged 43%, according to data from access-card company Kastle Systems. But post-pandemic work patterns have settled into a clear split between higher attendance near the middle of the week and lower attendance on Mondays and Fridays.&nbsp;

Office attendance this year in San Francisco has averaged 43%, according to data from access-card company Kastle Systems. But post-pandemic work patterns have settled into a clear split between higher attendance near the middle of the week and lower attendance on Mondays and Fridays.&nbsp;

In contrast to nearby businesses celebrating their returned customer base, Salesforce employees may be less enthused about the return to the office. Most hurried into the company’s eponymous tower without giving an opinion on their new work schedule, but one just shook their head and audibly groaned.

In contrast to nearby businesses celebrating their returned customer base, Salesforce employees may be less enthused about the return to the office. Most hurried into the company’s eponymous tower without giving an opinion on their new work schedule, but one just shook their head and audibly groaned.

SF’s biggest employer brings workers back downtown, and the neighbors are loving it 

Kevin Truong

After years of growth that included billions in acquisitions, major hiring initiatives and the development of major office towers around the world, San Francisco-based Salesforce is tightening its belt.

After years of growth that included billions in acquisitions, major hiring initiatives and the development of major office towers around the world, San Francisco-based Salesforce is tightening its belt.

Although <a href="https://sfstandard.com/business/marc-benioff-is-sorry-about-salesforce-tower-explains-how-a-drunk-tweet-led-to-a-standoff-with-mike-pence/">defended by CEO Marc Benioff</a> as necessary to meet changing market conditions, a restructuring plan Salesforce <a href="https://sfstandard.com/business/salesforce-to-cut-10-of-workforce-close-offices/">announced earlier this year</a> includes a 10% headcount reduction of around 8,000 employees and a number of major exits and office space reductions across the company’s portfolio.&nbsp;

Although <a href="https://sfstandard.com/business/marc-benioff-is-sorry-about-salesforce-tower-explains-how-a-drunk-tweet-led-to-a-standoff-with-mike-pence/">defended by CEO Marc Benioff</a> as necessary to meet changing market conditions, a restructuring plan Salesforce <a href="https://sfstandard.com/business/salesforce-to-cut-10-of-workforce-close-offices/">announced earlier this year</a> includes a 10% headcount reduction of around 8,000 employees and a number of major exits and office space reductions across the company’s portfolio.&nbsp;

Further details were revealed in <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001108524/000110852423000011/crm-20230131.htm" target="_blank" rel="noreferrer noopener">a recent financial filing</a>, which showed how much real estate the tech giant still holds in San Francisco and how much it has let go.

Further details were revealed in <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001108524/000110852423000011/crm-20230131.htm" target="_blank" rel="noreferrer noopener">a recent financial filing</a>, which showed how much real estate the tech giant still holds in San Francisco and how much it has let go.

As of Jan. 31, the company’s San Francisco headquarters office included around 1.6 million square feet of leased and owned property. That number doesn’t include 800,000 square feet in San Francisco that is currently subleased and an additional 700,000 square feet now available for sublease.&nbsp;

As of Jan. 31, the company’s San Francisco headquarters office included around 1.6 million square feet of leased and owned property. That number doesn’t include 800,000 square feet in San Francisco that is currently subleased and an additional 700,000 square feet now available for sublease.&nbsp;

The company has steadily shed office space throughout the pandemic, most recently listing <a href="https://www.bizjournals.com/sanfrancisco/news/2023/03/02/saleforce-office-sublease-headquarters.html?utm_source=st&amp;utm_medium=en&amp;utm_campaign=ae&amp;utm_content=FR&amp;j=30714890&amp;senddate=2023-03-02" target="_blank" rel="noreferrer noopener">six floors for sublease at Salesforce Tower</a>, the San Francisco Business Times reported.&nbsp;

The company has steadily shed office space throughout the pandemic, most recently listing <a href="https://www.bizjournals.com/sanfrancisco/news/2023/03/02/saleforce-office-sublease-headquarters.html?utm_source=st&amp;utm_medium=en&amp;utm_campaign=ae&amp;utm_content=FR&amp;j=30714890&amp;senddate=2023-03-02" target="_blank" rel="noreferrer noopener">six floors for sublease at Salesforce Tower</a>, the San Francisco Business Times reported.&nbsp;

Outside of San Francisco, Salesforce has international real estate holdings across Europe, North America, Asia, South America, Africa and Australia. It also operates data centers in the U.S., Europe and Asia.

Outside of San Francisco, Salesforce has international real estate holdings across Europe, North America, Asia, South America, Africa and Australia. It also operates data centers in the U.S., Europe and Asia.

In the last fiscal year, Salesforce incurred $986 million in total operating lease costs. The filing states that there are additional future leases totaling $400 million, including agreements for offices yet to be constructed, which are expected to commence between fiscal years 2024 and 2025.

In the last fiscal year, Salesforce incurred $986 million in total operating lease costs. The filing states that there are additional future leases totaling $400 million, including agreements for offices yet to be constructed, which are expected to commence between fiscal years 2024 and 2025.

Benioff, who once said that full-time office work is largely over, has started to pull back employees in, albeit with more flexibility. He has been open that he believes newer employees especially do better when being trained and onboarded in the office.&nbsp;

Benioff, who once said that full-time office work is largely over, has started to pull back employees in, albeit with more flexibility. He has been open that he believes newer employees especially do better when being trained and onboarded in the office.&nbsp;

Salesforce founder and CEO Marc Benioff speaks during the grand opening of the Salesforce Tower, the tallest building in San Francisco, Calif., Tuesday, May 22, 2018. | Karl Mondon/Bay Area News Group via Getty Images

<figure class="wp-block-image size-large"><img src="https://content.sfstandard.com/wp-content/uploads/2022/09/SalesforceBenioffFuture091222_INLINED02-2500x1651.jpg" alt="" class="wp-image-76221"/><figcaption class="wp-element-caption">Salesforce founder and CEO Marc Benioff speaks during the grand opening of the Salesforce Tower, the tallest building in San Francisco, on May 22, 2018. | Karl Mondon/Bay Area News Group via Getty Images</figcaption></figure>

Still, he said the number of fully remote workers is “going to increase dramatically” with in-office work largely determined by job function.&nbsp;

Still, he said the number of fully remote workers is “going to increase dramatically” with in-office work largely determined by job function.&nbsp;

Engineering workers, Benioff said, only come in 10 days a quarter, whereas non-remote general and administrative employees are expected to come in on Tuesdays, Wednesdays and Thursdays. For sales and marketing, they are “more of a four-day-a-week executive,” Benioff told tech journalist Kara Swisher in <a href="https://sfstandard.com/business/marc-benioff-is-sorry-about-salesforce-tower-explains-how-a-drunk-tweet-led-to-a-standoff-with-mike-pence/">a podcast interview</a>.&nbsp;

Engineering workers, Benioff said, only come in 10 days a quarter, whereas non-remote general and administrative employees are expected to come in on Tuesdays, Wednesdays and Thursdays. For sales and marketing, they are “more of a four-day-a-week executive,” Benioff told tech journalist Kara Swisher in <a href="https://sfstandard.com/business/marc-benioff-is-sorry-about-salesforce-tower-explains-how-a-drunk-tweet-led-to-a-standoff-with-mike-pence/">a podcast interview</a>.&nbsp;

Costs from the restructuring plan in the form of separation payments for employees and exit charges associated with office space reductions could total more than $2 billion.&nbsp;

Costs from the restructuring plan in the form of separation payments for employees and exit charges associated with office space reductions could total more than $2 billion.&nbsp;

Salesforce has incurred around $828 million in costs related to the restructuring, split up between $683 million in employee transition costs and $145 million for exit costs due to office space reductions.

Salesforce has incurred around $828 million in costs related to the restructuring, split up between $683 million in employee transition costs and $145 million for exit costs due to office space reductions.

The company’s layoffs are expected to be largely complete by the end of the fiscal year 2024, whereas its real estate reductions are expected to wrap up sometime in fiscal year 2026.

The company’s layoffs are expected to be largely complete by the end of the fiscal year 2024, whereas its real estate reductions are expected to wrap up sometime in fiscal year 2026.

The company has around $10.6 billion in senior unsecured debt, around $1 billion of which is due in the next 12 months. Among its liabilities is $182 million in outstanding debt related to the mortgage used to purchase 50 Fremont St. in San Francisco.

The company has around $10.6 billion in senior unsecured debt, around $1 billion of which is due in the next 12 months. Among its liabilities is $182 million in outstanding debt related to the mortgage used to purchase 50 Fremont St. in San Francisco.

Salesforce paid $640 million to purchase the 43-story building in 2015. Last year, the company <a href="https://www.bizjournals.com/sanfrancisco/news/2022/07/12/salesforce-sublease-san-francsico.html" target="_blank" rel="noreferrer noopener">listed more than half</a> of the building as available for sublease.&nbsp;

Salesforce paid $640 million to purchase the 43-story building in 2015. Last year, the company <a href="https://www.bizjournals.com/sanfrancisco/news/2022/07/12/salesforce-sublease-san-francsico.html" target="_blank" rel="noreferrer noopener">listed more than half</a> of the building as available for sublease.&nbsp;

Filing reveals how much office space Salesforce dumped last year

Garrett Leahy

A massive skyscraper could change San Francisco’s skyline forever and add 808 homes to the city.

A massive skyscraper could change San Francisco’s skyline forever and add 808 homes to the city.

The 50 Main Street tower would be the second tallest in the city after Salesforce Tower.&nbsp;

The 50 Main Street tower would be the second tallest in the city after Salesforce Tower.&nbsp;

If approved, it would be built on the site of a two-story parking garage between the Matson Building and an office tower at 77 Beale in the <a href="https://sfstandard.com/housing-development/massive-san-francisco-floating-cube-tower-may-bring-826-new-homes/" target="_blank" rel="noreferrer noopener">SoMa neighborhood</a>.

If approved, it would be built on the site of a two-story parking garage between the Matson Building and an office tower at 77 Beale in the <a href="https://sfstandard.com/housing-development/massive-san-francisco-floating-cube-tower-may-bring-826-new-homes/" target="_blank" rel="noreferrer noopener">SoMa neighborhood</a>.

The site is near the Embarcadero transit station entrances and within a few blocks of the Ferry Terminal and the Transbay Terminal.

The site is near the Embarcadero transit station entrances and within a few blocks of the Ferry Terminal and the Transbay Terminal.

Of the 808 rental units, 118 units would be listed as affordable. Roughly half of the units would be one-bedroom apartments, while the remaining half would be an almost even mix of studio and two-bedroom units, according to an informational packet outlining plans for the project.

Of the 808 rental units, 118 units would be listed as affordable. Roughly half of the units would be one-bedroom apartments, while the remaining half would be an almost even mix of studio and two-bedroom units, according to an informational packet outlining plans for the project.

Developer Hines says the project will help downtown’s recovery by repopulating the area along Market Street and increasing foot traffic to nearby restaurants and businesses.&nbsp;

Developer Hines says the project will help downtown’s recovery by repopulating the area along Market Street and increasing foot traffic to nearby restaurants and businesses.&nbsp;

Texas-based Hines describes the tower’s crown as “a beacon that will be a new jewel, complimenting the skyline of San Francisco with its understated elegance.”

Texas-based Hines describes the tower’s crown as “a beacon that will be a new jewel, complimenting the skyline of San Francisco with its understated elegance.”

The tower at 50 Main Street has been designed by architecture firm Foster and Partners. It features cross-braces between its middle and upper sections to protect it during earthquakes.

The tower at 50 Main Street has been designed by architecture firm Foster and Partners. It features cross-braces between its middle and upper sections to protect it during earthquakes.

Hines is the developer behind the plagued 33 Tehama residential highrise which experienced <a href="https://sfstandard.com/housing-development/san-francisco-luxury-apartment-floods-for-second-time-in-3-months-as-residents-return-date-still-in-doubt/" target="_blank" rel="noreferrer noopener">two floods in three months</a> due to a broken water main, releasing thousands of gallons of water into rooms and hallways and displacing residents into hotels. Hines was contacted for comment.

Hines is the developer behind the plagued 33 Tehama residential highrise which experienced <a href="https://sfstandard.com/housing-development/san-francisco-luxury-apartment-floods-for-second-time-in-3-months-as-residents-return-date-still-in-doubt/" target="_blank" rel="noreferrer noopener">two floods in three months</a> due to a broken water main, releasing thousands of gallons of water into rooms and hallways and displacing residents into hotels. Hines was contacted for comment.

Renderings of the 50 Main Street tower, it would be the second tallest in the city after Salesforce Tower if built. Developer Hines wants to include the tower as part of a wider development named City Grove in the SoMa neighborhood. It would include a new public park and multiple office buildings. | Courtesy of Hines, Pickard Chilton, Foster and Partners, PWP Landscape Architecture, and Kendall/Heaton Associates.

<figure class="wp-block-image size-full"><img src="https://content.sfstandard.com/wp-content/uploads/2022/10/50main2.png" alt="" class="wp-image-79708"/><figcaption>Renderings show how 50 Main Street would stack up against Salesforce Tower in terms of height. | Courtesy of Hines, Pickard Chilton, Foster and Partners, PWP Landscape Architecture, and Kendall/Heaton Associates</figcaption></figure>

The estimated costs for the project are currently unknown but are likely to hit the $1 billion mark—if other projects of a similar size are used for comparison. Salesforce Tower for example, <a href="https://money.cnn.com/2018/05/23/technology/salesforce-tower/index.html" target="_blank" rel="noreferrer noopener">cost $1.1 billion and was completed in 2018</a>.

The estimated costs for the project are currently unknown but are likely to hit the $1 billion mark—if other projects of a similar size are used for comparison. Salesforce Tower for example, <a href="https://money.cnn.com/2018/05/23/technology/salesforce-tower/index.html" target="_blank" rel="noreferrer noopener">cost $1.1 billion and was completed in 2018</a>.

As with all early stage plans in San Francisco, there’s no guarantee it will ever be built. The project still has to be approved by the Planning Commission before it can apply for building permits. <a href="https://sfstandard.com/housing-development/how-san-francisco-makes-it-insanely-hard-to-build-housing/" target="_blank" rel="noreferrer noopener">The Standard has an explainer on how this works here</a>.

As with all early stage plans in San Francisco, there’s no guarantee it will ever be built. The project still has to be approved by the Planning Commission before it can apply for building permits. <a href="https://sfstandard.com/housing-development/how-san-francisco-makes-it-insanely-hard-to-build-housing/" target="_blank" rel="noreferrer noopener">The Standard has an explainer on how this works here</a>.

<h2 class="wp-block-heading" id="h-city-grove-development">City Grove Development</h2>

core/heading

<h2 id="h-city-grove-development">City Grove Development</h2>

Aerial rendering of City Grove development that would include the 50 Main Street tower. | Courtesy of Hines, Pickard Chilton, Foster and Partners, PWP Landscape Architecture, and Kendall/Heaton Associates.

<figure class="wp-block-image size-full"><img src="https://content.sfstandard.com/wp-content/uploads/2022/10/citygrove.png" alt="" class="wp-image-79702"/><figcaption>Aerial rendering of City Grove development that would include the 50 Main Street tower. | Courtesy of Hines, Pickard Chilton, Foster and Partners, PWP Landscape Architecture, and Kendall/Heaton Associates.</figcaption></figure>

The tower at 50 Main Street is part of a larger Hines development named City Grove.

The tower at 50 Main Street is part of a larger Hines development named City Grove.

The larger development includes office and retail space at 215 Market, 245 Market, and 200 Mission.&nbsp;

The larger development includes office and retail space at 215 Market, 245 Market, and 200 Mission.&nbsp;

The project would have underground parking for up to 404 cars and a 1.25 acre public park, including an amphitheater.

The project would have underground parking for up to 404 cars and a 1.25 acre public park, including an amphitheater.

The existing office tower at 77 Beale Street would be renamed 200 Mission Street. It would be stripped of its exterior and its steel frame would be seismically retrofitted to current standards.&nbsp;

The existing office tower at 77 Beale Street would be renamed 200 Mission Street. It would be stripped of its exterior and its steel frame would be seismically retrofitted to current standards.&nbsp;

Developers plan to add nearly 50,000 square feet of office space along with a new facade designed by architecture firm Pickard Chilton.

Developers plan to add nearly 50,000 square feet of office space along with a new facade designed by architecture firm Pickard Chilton.

Renderings of the 50 Main Street tower, which would be the second tallest in the city after Salesforce Tower if built| 

<figure class="wp-block-image size-full"><img src="https://content.sfstandard.com/wp-content/uploads/2022/10/50main-1.png" alt="" class="wp-image-79721"/><figcaption>Renderings of the 50 Main Street tower, which would be the second tallest in the city after Salesforce Tower if built. | Courtesy of Hines, Pickard Chilton, Foster and Partners, PWP Landscape Architecture, and Kendall/Heaton Associates</figcaption></figure>

Part of the redevelopment involves the preservation of two historic buildings at the site, 215 Market and 245 Market, which are the Matson Building and the PG&amp;E building.

Part of the redevelopment involves the preservation of two historic buildings at the site, 215 Market and 245 Market, which are the Matson Building and the PG&amp;E building.

The redevelopment of the block is a collaboration between several different companies including Hines, Pickard Chilton, Foster and Partners, PWP Landscape Architecture, and Kendall/Heaton Associates.

The redevelopment of the block is a collaboration between several different companies including Hines, Pickard Chilton, Foster and Partners, PWP Landscape Architecture, and Kendall/Heaton Associates.

The project must be approved by the Planning Commission and Historic Preservation Commission before moving forward. The Recreation and Parks Department must also approve shadow allowances for the project.

The project must be approved by the Planning Commission and Historic Preservation Commission before moving forward. The Recreation and Parks Department must also approve shadow allowances for the project.

Developers will present the project to the Planning Commission on October 6 to gather “early input” from the commission.

Developers will present the project to the Planning Commission on October 6 to gather “early input” from the commission.

Huge San Francisco skyscraper could change city skyline forever with 808 homes

The Standard Staff

Multiple windows were damaged at Salesforce East on Tuesday after high winds battered San Francisco, fire department officials said.

Multiple windows were damaged at Salesforce East on Tuesday after high winds battered San Francisco, fire department officials said.

The nearby Millennium Tower, a luxury residential building famous for tilting several inches after one corner began to sink, also saw a window break and fall from its structure, officials said. The Millennium Tower is at 301 Mission St., while Salesforce East is at 350 Mission St.

The nearby Millennium Tower, a luxury residential building famous for tilting several inches after one corner began to sink, also saw a window break and fall from its structure, officials said. The Millennium Tower is at 301 Mission St., while Salesforce East is at 350 Mission St.

No injuries have been reported relating to either incident, although a stretch of Mission Street was closed off overnight as a precaution, <a href="https://www.nbcbayarea.com/investigations/salesforce-tower-millennium-tower-winds/3186902/" target="_blank" rel="noreferrer noopener">reports NBC Bay Area</a>.

No injuries have been reported relating to either incident, although a stretch of Mission Street was closed off overnight as a precaution, <a href="https://www.nbcbayarea.com/investigations/salesforce-tower-millennium-tower-winds/3186902/" target="_blank" rel="noreferrer noopener">reports NBC Bay Area</a>.

Department of Building Inspection spokesperson Patrick Hannan told NBC that multiple windows cracked or failed between the 11th and 30th floors of Salesforce East on its Mission Street side. Hannan said at least one window was found to be cracked on each of those floors. Inspectors found one window on the 49th floor of the Millennium Tower that had failed.

Department of Building Inspection spokesperson Patrick Hannan told NBC that multiple windows cracked or failed between the 11th and 30th floors of Salesforce East on its Mission Street side. Hannan said at least one window was found to be cracked on each of those floors. Inspectors found one window on the 49th floor of the Millennium Tower that had failed.

The fire department confirmed the incident on <a href="https://twitter.com/SFFDPIO/status/1638554743953059841?s=20" target="_blank" rel="noreferrer noopener">Twitter Wednesday morning</a>.

The fire department confirmed the incident on <a href="https://twitter.com/SFFDPIO/status/1638554743953059841?s=20" target="_blank" rel="noreferrer noopener">Twitter Wednesday morning</a>.

Search Results for: salesforce tower

Salesforce mandates October return to office for most employees as layoffs continue

SF’s biggest employer brings workers back downtown, and the neighbors are loving it

Filing reveals how much office space Salesforce dumped last year

Huge San Francisco skyscraper could change city skyline forever with 808 homes

Salesforce East, Millennium Tower windows fail in high winds