Friday, 24 March, 2023

Salesforce Wants To Cut $3 Billion To $5 Billion In Costs

<p>Cloud-based software firm Salesforce Inc is looking to cut costs by $3 billion to $5 billion. Salesforce said on Wednesday that it plans to cut jobs by 10% and close some offices. Rapid pandemic hiring left it with a bloated workforce amid an economic slowdown. CEO Marc Benioff indicated that there could be more potential layoffs after the job cuts that occurred this week. Big tech firms have slashed thousands of jobs in the past year, in preparation for a potential recession.</p> <quillbot-extension-portal></quillbot-extension-portal>