Salesforce, a software giant with a notoriously woke CEO, plans to lay off around 10 percent of its workforce, which would come to about 8,000 employees.
“As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that,” the notoriously left-wing CEO of Salesforce, Marc Benioff, wrote in a letter to employees.
“The environment remains challenging and our customers are taking a more measured approach to their purchasing decisions,” Benioff added. The job cuts are “another blow to the city’s struggling downtown core and office market, where vacancy is a record high 27%,”The cloud computing giant laid off hundreds of salespeople late last year. Additionally, some top executives are also leaving, such as co-CEO Bret Taylor, who will resign at the end of the month. Slack CEO Stewart Butterfield is also leaving Salesforce this month.
Last year, following the events of January 6, 2021, Salesforce — which was also the company behind the RNC’s email provider — had then-President Donald Trump and Republicans from using “our services in any way that could lead to violence.” The Trump campaign was then banned from being able to send emails.for ten seconds after being asked a question about his company’s lack of policy on political tolerance and viewpoint discrimination at Salesforce’s annual investor meeting.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tech giant Salesforce eyes plans to chop thousands of jobsThe Bay Area company revealed plans to chop potentially thousands of jobs worldwide within weeks.
Read more »
Salesforce eyes thousands of job cuts in fresh Bay Area tech layoffsSalesforce revealed plans to chop potentially thousands of jobs worldwide within weeks.
Read more »
Salesforce slashing 10% of workforce in latest tech layoffsThe company’s growth has slowed during the past four quarters.
Read more »
Salesforce to cut 10% of workforce in latest tech layoffsSalesforce Inc plans to cut its workforce by 10% and close some offices, saying it needs to cut costs after rapid pandemic hiring left it with 'too many people' amid an economic slowdown, sending its shares up 5%.
Read more »
Salesforce to layoff about 10% of staff in latest round of job cuts in tech industryIn a letter to employees announcing the job cuts, Marc Benioff, Salesforce's chair and co-CEO, admitted to growing headcount too much earlier in the pandemic and said most of the job cuts will take place over the coming weeks.
Read more »
Salesforce to layoff about 10% of staff in latest round of job cuts in tech industrySalesforce said it will cut approximately 10% of its workforce and reduce its real estate footprint, making it the latest tech company to slash expenses as broader economic uncertainty continues to hit Silicon Valley particularly hard.
Read more »