Salesforce

San Francisco, CA
https://www.salesforce.com/
Tech

Layoff Date:

August 26, 2020

Laid Off Employees:

1000

Laid Off Percent:

2%

Source: Wall Street Journal
Salesforce.com Inc. has started to notify some of its staff they could lose their job a day after the business-software provider reported record sales, sending its stock surging. Salesforce Chief Executive Marc Benioff in March pledged on Twitter that the company would avoid any significant layoffs for 90 days during the pandemic even as the company shifted to remote working. He called on other CEOs to follow him in a “no layoff” pledge. “We’re reallocating resources to position the company for continued growth,” Salesforce said in a statement to The Wall Street Journal. “This includes continuing to hire and redirecting some employees to fuel our strategic areas, and eliminating some positions that no longer map to our business priorities.” Around 1,000 of Salesforce’s 54,000 employees are affected, a person familiar with the plan said. Employees who were notified their job was being eliminated have 60 days to find a new role in the company, the person said.
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