spot_img

Salesforce could lay off more employees

Share post:

Salesforce employees are growing increasingly concerned about what appears to be an impending layoff of staff, despite having laid off hundreds of people this year as the onslaught of tech layoffs continued unabated.

Rumors are circulating within the company that more layoffs could occur as early as this month. “People are afraid it could happen at any time,” said one employee to Insider.

Some employees who spoke with Insider speculated that the activist investor Starboard Value, which disclosed a significant stake in Salesforce in October, just before the layoffs, was to blame for much of the internal pressures. A source close to the situation told Insider that the firm has been pushing for cost-cutting measures since first approaching the company this summer.

Salesforce itself does not appear to be helping matters, as leadership changes and increased pressure to meet sales targets are rocking the company, as are recent mandates for salespeople, such as holding daily in-person meetings throughout the holiday season and returning to work in the office, despite Marc Benioff’s public statements that workers were just as productive at home.

The sources for this piece include an article in BusinessInsider.

Featured Tech Jobs

spot_img

SUBSCRIBE NOW

Related articles

Amazon employees stage walkout over remote work flexibility and carbon emissions

Hundreds of Amazon employees walked out of work to demand a more flexible remote work policy and a...

Microsoft to discontinue standalone Cortana App on Windows

Microsoft has announced that support for Cortana on Windows will be phased out beginning later this year. Cortana will...

Former NBCUniversal executive Joe Benarroch joins Twitter

Twitter has announced the addition of Joe Benarroch, a former NBCUniversal executive, to its staff. Benarroch expressed his excitement,...

Amazon considers entry into mobile market

Telecom shares fluctuated due to a Bloomberg report suggesting Amazon might enter the mobile market as a reseller. According...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways