"I've been thinking a lot about how we came to this moment," Benioff wrote. "As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we're now facing, and I take responsibility for that."As of January 2022, Salesforce reported a headcount of 73,541 global employees.
Like Benioff, a number of other tech founders and CEOs have since admitted they failed to accurately gauge pandemic demand. As a result, tech firms including Amazon and Meta have announced company-wide layoffs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
But we're Building Back Better!!!
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Salesforce to layoff about 10% of staff in latest round of job cuts in tech industryIn a letter to employees announcing the job cuts, Marc Benioff, Salesforce's chair and co-CEO, admitted to growing headcount too much earlier in the pandemic and said most of the job cuts will take place over the coming weeks.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »
Salesforce to layoff about 10% of staff in latest round of job cuts in tech industrySalesforce said it will cut approximately 10% of its workforce and reduce its real estate footprint, making it the latest tech company to slash expenses as broader economic uncertainty continues to hit Silicon Valley particularly hard. Those jobs are never coming back. Yech expansion is over. It will be years before it restarts. People are now realizing how bad their product really is.
Source: ABC7 - 🏆 67. / 68 Read more »