Salesforce joins list of tech companies ordering layoffs

[Spartan]

Salesforce, the largest private employer in San Francisco, is laying off hundreds of employees and joining a string of major Bay Area tech companies cutting their workforces.

A Salesforce spokesperson issued a statement to KRON4 Tuesday, writing, “Our sales performance process drives accountability. Unfortunately, that can lead to some leaving the business, and we support them through their transition.”

The Salesforce layoff is happening just one week after Twitter’s new CEO, Elon Musk, began laying off thousands of employees from the social media giant. About 3,700 jobs have been eliminated, according to The New York Times — roughly half of Twitter’s workforce. “Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted Friday.

Facebook’s parent company, Meta, is also set to layoff thousands of employees this week, The Wall Street Journal reported. Meta’s layoff was issued as the social media company’s stock prices continue to slide.

[manadonga]

Ee madhya chala mandini unnessary department lo tesukunnadu 

customers ki un nessary extra services start chesadu 

avasaramina teams lo evadu ledu 

ippude adigadu okadu next yr hiring freeze ettesaka join avutava ma daggara ani 

[ring_master]

LinkedIn lo chooste I see mostly recruiters getting laid off from tech companies 

[chammakchandra]

49 minutes ago, Spartan said:

Salesforce, the largest private employer in San Francisco, is laying off hundreds of employees and joining a string of major Bay Area tech companies cutting their workforces.

A Salesforce spokesperson issued a statement to KRON4 Tuesday, writing, “Our sales performance process drives accountability. Unfortunately, that can lead to some leaving the business, and we support them through their transition.”

The Salesforce layoff is happening just one week after Twitter’s new CEO, Elon Musk, began laying off thousands of employees from the social media giant. About 3,700 jobs have been eliminated, according to The New York Times — roughly half of Twitter’s workforce. “Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted Friday.

Facebook’s parent company, Meta, is also set to layoff thousands of employees this week, The Wall Street Journal reported. Meta’s layoff was issued as the social media company’s stock prices continue to slide.

Inka ‘em email raledu unlike twitter 

[manadonga]

25 minutes ago, ring_master said:

LinkedIn lo chooste I see mostly recruiters getting laid off from tech companies 

You are right. Recruters got laid off from tech companies 

[perugu_vada]

Chala tech companies left and right hire chesaru since 12-months .. product management and product model ani .. Ipudu ah enhancements ni cut chestunaru .. 

[hunkyfunky2]

7 minutes ago, perugu_vada said:

Chala tech companies left and right hire chesaru since 12-months .. product management and product model ani .. Ipudu ah enhancements ni cut chestunaru .. 

Yes. With stock price at all time high , they started many many projects. Also, they over recruiter expecting churn...

Both are not happening. 

[Sucker]

22 minutes ago, perugu_vada said:

Chala tech companies left and right hire chesaru since 12-months .. product management and product model ani .. Ipudu ah enhancements ni cut chestunaru .. 

Hey Corona GC star. How are you. 

[Vaampire]

Slack paristhithi ento?

[manadonga]

15 minutes ago, Vaampire said:

Slack paristhithi ento?

Slack is part of sf kada 

[andhra_jp]

Salesforce to Lay Off 10 Percent of Staff and Cut Office Space

The software company plans to cut around 8,000 jobs as business slows for tech companies.

“We hired too many people leading into this economic downturn,” Salesforce’s chief executive said.

Salesforce is offering U.S. employees a minimum of five months of pay, as well as health insurance and career resources.

Most of the cuts would come “over the coming weeks”

https://www.nytimes.com/2023/01/04/business/salesforce-layoffs.html