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“Our fortress balance sheet continues to be one of our most strategic assets as we navigate the uncertain waters of global trade in the 21st century in pursuit of this vision,” he added. Back in May, Shopify sold its logistics business to Flexport in exchange for a 13 per cent stake in the company. �� Flexport Layoffs: Logistics Firm To Lay Off Another 20% of Its Workforce, Says Report.
Salesforce is laying off about 700 employees, around 1% of its global workforce, according to The Wall Street Journal. The company has not made an off
This comes a day after Microsoft's move to let go of 1,900 employees within its video-game divisions, a move that includes Activision Blizzard.
According to the Wall Street Journal, Salesforce still has 1,000 jobs open across the company, implying that the move could be more of a routine adjusting of the company's workforce
In the most recent job cut within the tech industry, Salesforce is letting go of approximately 700 employees throughout the company.