How is the Coronavirus impacting the SaaS market? This can be an opportunity for SaaS providers to step up, be leaders and demonstrate the true partnerships they have with their clients and employees. Workday has taken the initial step of paying a cash bonus to their employees, equalling two weeks of pay or roughly $80M. This was a pretty bold move as they are relatively small in comparison to their competitors, Oracle, SAP and Microsoft. Following suit, Marc Benioff announced that Saleforce would not being conducting any significant layoffs for at least the next 90 days and encouraging other CEOs to make the same 90 day pledge. Equally important—will these companies do right thing with their customers? Jeff Lazarto, UpperEdge’s Oracle Practice Leader, discusses some measures that are underway.
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