Salesforce Apparently Cut “Hundreds” Of Employees On Monday
Even before the news that Meta has slashed thousands of jobs hit the wires, news filtered out on Tuesday that customer relationship management software provider Salesforce has cut jobs on Monday. CNBC has the details:
Salesforce on Tuesday confirmed that it cut some employees this week after the enterprise software maker saw demand lighten in some countries and industries.
Protocol reported earlier on the cuts, saying they could affect up to 2,500 employees. One person familiar with the matter said Salesforce let go of fewer than 1,000 people Monday. At the end of January it employed 73,541 people. In August Salesforce said in a filing that headcount rose 36% in the past year “to meet the higher demand for services from our customers.”
“Our sales performance process drives accountability. Unfortunately, that can lead to some leaving the business, and we support them through their transition,” a Salesforce spokesperson told CNBC in a statement.
With a looming recession, I’m expecting to be writing a lot of stories like this. And the thing is that I work with a number of people that are employed by Salesforce. I’ll be pinging them to make sure that they still have jobs because things are getting brutal out there.
November 9, 2022 at 9:25 am
36% increase on almost 74,000 employees is huge. I cannot see how their growth could have matched that.