- Joseph K
Salesforce under investor pressure to dump more staff
Job losses at Salesforce appear to be far from over as the CRM specialist sets out its plan to appease a gang of circling activist investors that are influencing its strategy.
In January, Salesforce announced a drastic restructuring plan to cut 10 percent of its workforce at a cost of around $1.4 billion to $2.1 billion. The company's ranks swelled in the early years of the pandemic, rising from 35,000 in 2019 to more than 70,000 last year.