While other software companies are trimming their workforces, Snowflake Inc. plans to continue hiring.
On the heels of a fiscal year in which it added about 1,900 net new employees, Snowflake executives SNOW anticipate another four-digit addition this year. Snowflake “will not grow our revenue faster unless we see productivity increase in the sales organization, and when we see that increase in productivity, we’ll add more heads there, and we think we’re adding at the appropriate pace based on what we’re seeing in the business today,” Scarpelli added.
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