Salesforce Laying Off 700 Workers in Latest Tech-Industry Downsizing

Salesforce is laying off around 700 employees across the company in the latest round of layoffs to hit the tech industry, said a person familiar with its plans.

The layoffs comprise around 1% of the roughly 70,000-person company that makes cloud-based customer-relationship management software. One year ago, it cut 10% of its workers or around 8,000 employees, amid pressure from investors to reduce costs.

https://www.wsj.com/economy/jobs/salesforce-laying-off-700-workers-in-latest-tech-industry-downsizing-6a082fa3