Salesforce announces layoffs, cutting 700 jobs across the company

Following the trend in the tech industry, Salesforce is set to lay off approximately 700 employees, constituting around 1% of its workforce, which currently stands at 70,000. 

This move follows a similar decision made a year ago when the company reduced its staff by 10 per cent, letting go of around 8,000 employees. At that time, the decision was prompted by investor pressure to trim expenses.

Notably, Microsoft recently had taken a decision to let go of 1,900 employees within its video-game divisions, including Activision Blizzard.

Salesforce CEO Marc Benioff recently emphasized the tech industry’s focus on safety protocols and trust principles in the development of AI software to prevent potential mishaps, stating, “We don’t want to have a Hiroshima moment. We’ve seen technology go really wrong, and we saw Hiroshima. We don’t want to see an AI Hiroshima. We want to make sure that we’ve got our head around this now.”

These layoffs reflect the ongoing challenges and shifts within the tech sector, impacting companies across the industry.