Salesforce Trims Workforce: 700 Employees Cut Amid Streamlining
What’s happening at Salesforce?
Salesforce is cutting about 700 employees, representing around one per cent of its global workforce, according to The Wall Street Journal.
This move follows a series of workforce reductions executed last year, and an ongoing staff purge in the global tech industry.
A source told the WSJ that the the cuts are aimed at helping the company focus its spending.
Changes to employee benefits and travel
The company also curtailed certain employee benefits, including retreats, and implemented stricter travel expense policies.
Despite these layoffs, Salesforce is actively advertising for approximately 1,000 new roles, indicating these cuts may be part of routine workforce adjustments.
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In 2023, under CEO Marc Benioff’s leadership, Salesforce laid off about 10 per cent of its total workforce.
This action was partly in response to demands from activist investors for increased margins.
Impact in Canada
It remains unclear if Canadian employees will be affected by this fresh round of layoffs at Salesforce.
According to the company’s website, it has more than 1,600 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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