Salesforce laying off 700 workers in latest tech job cuts: WSJ

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 …

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

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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 …

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Salesforce Plans To Lay Off 700 Workers: WSJ - Yahoo Finance

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Jan 26, 2024 · The company intends to cut an additional 700 jobs, coming about one year after the company laid off 10% of its staff. This latest round of layoffs represents a continuation of …

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Salesforce Laying Off 700 Workers In Latest Tech Industry …

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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 …

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Salesforce Cuts 700 Jobs In Latest Big Tech Layoff - Investopedia

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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 …

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Report: Salesforce To Lay Off 700 Employees, Redirect Spending

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Jan 26, 2024 · Salesforce is reportedly laying off 700 employees, or about 1% of its workforce. The cuts are being made across the company, The Wall Street Journal (WSJ) reported Friday …

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Salesforce Laying Off 700 Workers In Latest Tech-Industry …

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Jan 26, 2024 · The cuts, which will affect around 1% of the company’s workforce, follow a 10% reduction last year.

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Salesforce Laying Off 700 Workers In Latest Tech Industry …

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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 …

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Salesforce Laying Off 700 Workers In Latest Tech Industry …

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One year ago, it cut 10% of its workers or around 8,000 employees, amid pressure from investors to cut costs. Salesforce is the latest tech company to trim its ranks in the new year. Google laid ...

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

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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 …

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Salesforce Cuts 700 Jobs In Streamlining Effort, Yet ... - Yahoo …

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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 …

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Salesforce Is The Latest Tech Giant To Reveal Major Job Cuts

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Jan 26, 2024 · Salesforce is set to lay off around 700 employees, constituting around 1% of its global workforce. The Wall Street Journal reports the disheartening move is part of a …

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

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Jan 26 (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 hit the …

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FAQs about Salesforce laying off 700 workers in latest tech job cuts: WSJ Coupon?

Is Salesforce laying off 700 employees?

(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 hit the tech industry. ...

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. ...

Is Salesforce reducing its workforce?

Salesforce (CRM) is planning further workforce reductions, according to a Wall Street Journal report. The company intends to cut an additional 700 jobs, coming about one year after the company laid off 10% of its staff. This latest round of layoffs represents a continuation of Salesforce's cost-cutting efforts. ...

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. ...

How many Salesforce employees will be cut?

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. A Salesforce representative declined to comment. A year ago Salesforce reduced headcount by 10%. ...

Are Salesforce layoffs a strategic shift?

Despite these cuts, Salesforce still maintains 1,000 open positions, suggesting these layoffs are part of workforce adjustments rather than a significant strategic shift, the Wall Street Journal reports. The company’s focus is on directing spending towards growth. ...