Report: Salesforce to Lay Off 700 Employees, Redirect Spending

Jan 26, 2024 · The company still has 1,000 jobs open, suggesting this is a routine adjustment of the workforce and Salesforce aims to redirect its spending to other areas, according to the …

CouponFollow Extension

1%
OFF

Salesforce Laying Off 700 Workers In Latest Tech Industry Downsizing ...

4 weeks from now

Jan 26, 2024 · Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to hit the …

reuters.com

1%
OFF

Salesforce Laying Off 700 Workers In Latest Tech Job Cuts: WSJ

4 weeks from now

Jan 26, 2024 · (Reuters) — Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to …

yahoo.com

$55
OFF

Salesforce To Cut About 700 Workers, Adding To Tech Layoff Flood

4 weeks from now

Jan 26, 2024 · (Bloomberg) -- Salesforce Inc. is cutting about 700 workers, adding to a brutal string of tech layoffs at the start of 2024.Most Read from BloombergMusk’s $55 Billion Pay …

yahoo.com

1%
OFF

UPDATE 1-Salesforce Laying Off 700 Workers In Latest Tech Industry ...

4 weeks from now

Jan 26, 2024 · (Adds details from the report in paragraph 2, background in paragraphs 3,5-7) Jan 26 (Reuters) - Salesforce is laying off about 700 employees, or roughly 1% of its global …

yahoo.com

1%
OFF

Salesforce Cuts 700 Jobs In Latest Big Tech Layoff - Investopedia

4 weeks from now

Jan 26, 2024 · Salesforce is reportedly laying off 700 workers or around 1% of its workforce, in the latest of a series of job cuts. The move comes after a wave of layoffs by other big tech firms …

investopedia.com

1%
OFF

Salesforce Laying Off 700 Workers In Latest Tech Industry ... - Nasdaq

4 weeks from now

Jan 26 (Reuters) - Salesforce CRM.N is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to …

nasdaq.com

1%
OFF

Salesforce Cuts 300 Jobs In Year’s Second Round Of Layoffs

4 weeks from now

Jul 15, 2024 · At the end of January, the firm had 72,682 employees, according to the report. When Salesforce laid off 700 employees — or about 1% of its workforce — in January, the …

pymnts.com

10%
OFF

Salesforce Slashes 700 Jobs, Adding To Brutal String Of 2024 Tech ...

4 weeks from now

Jan 26, 2024 · Last year, Salesforce reduced its headcount by 10%. Salesforce Inc. is cutting about 700 workers, adding to a brutal string of tech layoffs at the start of 2024.

fortune.com

1%
OFF

Salesforce To Cut About 700 Workers, Adding To Tech Layoff Flood

4 weeks from now

Jan 26, 2024 · Salesforce Inc. is cutting about 700 workers, adding to a brutal string of tech layoffs at the start of 2024. Less than 1% of workers will be cut, according to a person familiar …

bloomberglaw.com

1%
OFF

Salesforce Cuts 700 Jobs In Streamlining Effort, Yet Eyes Growth …

4 weeks from now

Jan 26, 2024 · Salesforce Inc (NYSE:CRM) is implementing layoffs of close to 700 employees, about 1% of its 70,000-strong workforce, following a previous reduction of 10% or around …

yahoo.com

FAQs about Report: Salesforce to Lay Off 700 Employees, Redirect Spending Coupon?

Is Salesforce laying off 700 employees?

REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights Jan 26 (Reuters) - Salesforce (CRM.N) is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to hit the tech industry. ...

What percentage of Salesforce employees are laid off?

The reported layoffs make up about 1 percent of the company’s total workforce.. Salesforce plans to lay off 700 employees, about 1 percent of the company, according to multiple news reports Friday. ...

How many Salesforce workers are laid off in 2024?

Salesforce laid of 700 workers in latest string of tech layoffs. Salesforce Inc. is cutting about 700 workers, adding to a brutal string of tech layoffs at the start of 2024. Less than 1% of workers will be cut, according to a person familiar with the plans who wasn’t authorized to discuss them publicly and asked not to be identified. ...

Why is Salesforce implementing layoffs?

Salesforce Inc (NYSE: CRM) is implementing layoffs of close to 700 employees, about 1% of its 70,000-strong workforce, following a previous reduction of 10% or around 8,000 workers in 2023. This move comes amid ongoing cost-cutting pressures from investors, including activist shareholders like Elliott Management, to drive its margins. ...

Are Salesforce layoffs a part of a routine workforce adjustment?

CRN has reached out to Salesforce for comment. Bloomberg and The Wall Street Journal reported on the layoffs. Salesforce still has 1,000 open positions across the company, according to The Wall Street Journal. The move is possibly part of a routine workforce adjustment instead of a strategic shift. ...

Will Salesforce hand over pink slips to 700 employees?

In its latest round of layoffs in the tech industry, Salesforce will hand over pink slips to around 700 employees across the company, the Wall Street Journal (WSJ) reported on Friday. The company had in 2023 laid off 10 per cent of its employees. The current layoffs will impact around 1 per cent of the company’s total workforce of 70,000 people. ...