Salesforce is slashing 1,000 jobs, but says workers will be able to reapply

Date:
Tue, 04 Feb 2025 10:14:44 +0000

Description:
Around 1,000 Salesforce workers are at risk, but it continues to hire new
sales reps to push AI business forward.

FULL STORY

Salesforce is set to lay off around 1,000 workers (via Bloomberg ) as it
looks to restructure its workforce, but it wont necessarily be reducing its headcount by this amount.

The CRM software giant is reportedly continuing its hiring efforts to acquire AI salespeople, and employees affected by the redundancies can reapply for other roles internally.

Its unclear which divisions of the business are to be hit by the job cuts, as Salesforce has not made a public announcement.

Salesforce to shake up its staffing

The report comes from an unnamed person familiar with the matter, who stated that an estimated 1,000 employees would lose their current jobs.

We dont know the extent to which the job cuts will affect the company, which had around 72,600 workers in January 2024 when it reported its fiscal
year-end figures. Salesforce will next report its year-end figures at the end of February 2025.

While not as stark as previous years, Benioff notified around 1,000 workers
of their redundancies in 2024 across at least two separate rounds (via layoffs.fyi ). More than 8,000 lost their jobs in 2023.

In December 2024, Salesforce revealed it would be hiring 2,000 new sales employees an attractive offer for the 9,000 referrals the company received
in a short space of time.

Indicative of the ongoing changes, COO Brian Millham recently said at a conference: Were looking across the entire company to say, Where can we get more efficiencies? How can we continue to get fuel for the work that were
doing to go invest in scale going forward?

Despite the bad news for some, the companys revenue growth, marked by 8%, 8% and 11% increases over the first three quarters of its fiscal 2025, suggests that the layoffs are largely a shift in focus more than a reaction to poor financial performance.

Salesforce didnt respond to our request for further information.

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Link to news story: https://www.techradar.com/pro/salesforce-is-slashing-1-000-jobs-but-says-worke rs-will-be-able-to-reapply

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