Salesforce Cuts 700 Jobs in Streamlining Effort, Yet Eyes Gr

Salesforce Cuts 700 Jobs in Streamlining Effort, Yet Eyes Growth with 1,000 Open Roles

Salesforce Inc (NYSE:CRM) is implementing layoffs of close to 700 employees, about 1% of its 70,000-strong workforce, following a previous reduction of 10% or around 8,000 workers in 2023. This move comes amid ongoing cost-cutting pressures from investors, including activist shareholders like Elliott Management, to drive its margins. Despite these cuts, Salesforce still maintains 1,000 open positions, suggesting these layoffs are part of workforce adjustments rather than a significant strategic

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