Salesforce, SF’s largest employer, is laying off hundreds of people

On Monday, Salesforce laid off hundreds of employees San Francisco Technology A second round of massive layoffs this year. It follows a Previous round in October90 people – primarily contract workers in the recruitment sector – lost their jobs.

Salesforce did not disclose how many San Francisco employees were laid off. Most of the victims were from the company’s sales department, Axios reported. Salesforce has frozen hiring until January 2023.

“Our sales performance process drives accountability,” a Salesforce spokesperson said in a statement. “Unfortunately, this will lead to some people leaving the business, and we are supporting them through their transition.”

With nearly 10,000 employees in San Francisco, the company is the city’s largest employer. As of August 2022, Salesforce has 73,542 employees in offices around the world.

Co-CEO Marc Benioff pointed out during Dreamforce, the company’s annual conference. “Some Level of Normalization” After seeing significant customer demand and growth during the pandemic.

“Everything is still big, but there’s definitely some degree of disruption,” he said of Salesforce’s growth in a press conference during the event. “I don’t think anyone would disagree with that.”

The return to “normalization” and slower growth is causing many tech companies to reduce their headcount. In the past week alone, payment company Stripe More than 1,000 workers were laid offThe ride-hailing giant Lift cut over 500and digital banking Sime was dismissed for 160 runs. Twitter lays off 3,700 employeesAfter billionaire Elon Musk took over the company, half of its workforce.

In one of the biggest layoffs to hit the tech industry so far, Facebook’s parent company, Meta, Cuts 11,000 workers today.

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Technical editor Joshua Bott contributed to this article.

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