Salesforce cuts further 700 jobs

Rightsizing trend continues as another 1% of workforce let go

Salesforce will lay off about 700 employees, representing about 1% of its global workforce, according to the Wall Street Journal.

Salesforce still has about 1,000 job openings, indicating that this is more of a routine adjustment than a broader downsizing. The company grew aggressively as demand for cloud services increased during the pandemic.

For Salesforce, this is the second round of cuts. By 2022, 10% of global jobs disappeared. Salesforce also closed some offices.

 

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This anouncement comes as major players such as Amazon, Google, eBay and Microsoft continue to make job cuts in the wake of the Covid-19 pandemic, which saw substantial hiring as employees around the world moved to home-working. The past year has seen a reversing of that trend as projects wind up and some employees return to the office.

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