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Salesforce cuts 300 jobs in second round layoffs

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Salesforce, the renowned software giant, has recently announced a second round of layoffs, affecting approximately 300 employees. This move comes as part of the company’s ongoing efforts to streamline operations and manage costs.

Previous Layoffs by Salesforce

In January 2024, Salesforce eliminated 700 roles, constituting about 1% of its workforce. Those cuts were distributed across various departments, and the company emphasized that they were a routine adjustment aimed at reallocating resources.

Salesforce: Current Layoffs & Headcount Shift

According to Salesforce, the latest reduction of 300 jobs is consistent with Salesforce’s commitment to optimizing its structure.

The company’s spokesperson stated, “Like any healthy business, we continuously assess whether we have the right structure in place to best serve our customers and fuel growth areas. In some cases, that leads to roles being eliminated.”

As of the end of January 2024, Salesforce had 72,682 employees globally. The recent layoffs are part of a strategic effort to align the workforce with changing business needs.

Tech Industry Trends

According to Layoffs.fyi, the tech industry has witnessed over 100,000 layoffs in 2024, with some companies redirecting their focus toward artificial intelligence (AI) and automation. Salesforce’s decision to trim its workforce reflects broader industry trends.

Also Watch: How GenAI Transforms Hiring and Recruitment, Click Here

Companies like UiPath, a provider of AI-powered enterprise automation technology, have also announced layoffs. UiPath’s restructuring aims to manage operating expenses while prioritizing investments in AI and innovation.

Wrapping Up!

Salesforce’s move to cut 300 jobs underscores the dynamic nature of the tech industry. As companies adapt to changing market conditions, workforce adjustments become essential. While these layoffs are undoubtedly challenging for affected employees, they reflect the company’s commitment to long-term sustainability and strategic growth.

Stay tuned for further updates as the industry continues to evolve.


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Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus