Salesforce to lay off 7,000 employees

Salesforce Co-CEO Marc Benioff revealed Wednesday that his company will be laying off around 7,000 employees over the next few weeks due to hiring too many employees during the COVID-19 pandemic.

“As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that,” said Benioff in a letter to employees that was filed Wednesday with the U.S. Securities and Exchange Commission.

https://www.crn.com.au/news/salesforce-to-lay-off-7000-employees-589581