An employee said that “people are afraid it (layoffs) could come at any point”, Business Insider reported.
A person familiar with the matter said that the firm has pushed for cost-cutting measures since first approaching the company this summer, as per the report.
Back in November, Protocol had reported that
Salesforce was planning to fire as many as 2,500 employees, as Big Tech firms navigate through an economic slowdown.
However, Salesforce later in a statement said that less than 1,000 employees lost their jobs.
“Our sales performance process drives accountability. Unfortunately, that can lead to some leaving the business, and we support them through their transition,” it had said, adding that the job cuts affected “less than a thousand” employees.
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In August, Salesforce said in a filing that headcount rose 36% in the past year “to meet the higher demand for services from our customers”. The company had 73,541 people on its payroll earlier this year.
Earlier in December, the company announced that
Bret Taylor will step down as Vice Chair and Co-CEO, effective January 31, 2023. Marc Benioff will be the new Chair and CEO of the company.
“I am grateful for six fantastic years at Salesforce. After a lot of reflection, I’ve decided to return to my entrepreneurial roots,” Taylor said in a statement.
Another prominent executive, Chief Strategy Officer Gavin Patterson, announced earlier this month that he, too, would exit.