Salesforce Jobs to be cut at ‘Own’ following $2B acquisition
What’s going on at Salesforce?
Just months after acquiring Own Company (Own) for approximately $2 billion, Salesforce is reportedly planning to cut jobs at the New Jersey-based data management startup.
According to Bloomberg, employees at Own were told during a presentation this week that some roles won’t be required at the end of January.
A spokesperson for Salesforce refused to comment on the workforce reduction.
The company’s multi-billion-dollar purchase of Own marks its second-largest acquisition since Slack in July 2021.
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Impact on Canadian staff
It remains unclear if Canadian employees at Own will be affected by the workforce reduction.
According to LinkedIn, the company has more than 120 workers in the country.
If you’re a non-unionized employee, check out our Salesforce Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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