Salesforce CEO Marc Benioff gave executives lavish gifts including a $90,000 Cartier watch and an Aston Martin car

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Marc Benioff speaks during TIME100 Next Gala at SECOND Floor on October 25, 2022
Marc Benioff gave expensive gifts to some Salesforce executives.

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10 Things in Tech: Salesforce, cold plunges, and Tesla's biggest Chinese rival

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It's May Day Monday, mates. I'm Diamond Naga Siu, and I need some caffeine to revive myself from the weekend. 

Big Tech is pursuing 'the year of efficiency.' It could get supercharged by AI.

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job layoffs recession

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Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today's Sunday edition, a roundup of some of our top stories. 

On the agenda today:

Meta is one of tech's most brutal job-choppers, axing a higher percentage of staff than Google and Microsoft

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Facebook founder and CEO Mark Zuckerberg at the company's first conference dedicated to messaging
Facebook founder and CEO Mark Zuckerberg.

Facebook/Meta

Humans have to get in the way of AI to make it more responsible

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It's Monday, readers. This is my last day writing the newsletter before handing back the baton to Diamond Naga Siu. 

Ex-Salesforce employee says she was 'washing baby bottles' on maternity leave when she learned she was laid off

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People wear protective face masks outside Salesforce Tower.
Former Salesforce employee McKenzie Gregory (not pictured) wrote on LinkedIn that she found out she was laid off while on maternity leave.

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Amazon, Meta, and other tech giants are cutting middle management to be more efficient. It's a risky move that could backfire.

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Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington, DC, on October 18, 2019
Salesforce CEO Marc Benioff. Salesforce is one of many big tech firms that is flattening its organizational structure.

NICHOLAS KAMM/AFP via Getty Images

CHART: We analyzed Apple's revenue per employee to show how it's avoided tech bloat and delayed layoffs

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Tim Cook ADL.JPG
Apple CEO Tim Cook.

REUTERS/Brendan McDermid

These were top 10 biggest winners and losers in the S&P 500 in the first quarter

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NYSE Traders
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020.

Brendan McDermid/Reuters

Google's AI chatbot Bard is still being rushed

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Happy hump day! We've made it to the middle of the week where Monday is well behind us and the weekend is coming closer into view.  

I'm contemplating if I want to dive into one of my guilty pleasures over the weekend, reality TV. One of my favorite shows is Love is Blind, a Netflix show that rolled out its fourth season in March. 

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