Salesforce to cut 1,000 roles, Bloomberg News reports


FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo

(Reuters) -Salesforce is cutting more than 1,000 jobs as it simultaneously hires workers to sell new artificial intelligence products, Bloomberg News reported on Monday.

Displaced workers will be able to apply for other jobs internally, the Bloomberg report said, citing a person familiar with the matter.

The report also added that it couldn't be determined which divisions the reductions were focused on.

Salesforce did not immediately respond to a Reuters request for comment.

The customer relationship management software maker had 72,682 employees as of Jan. 31, 2024, it said in its annual report.

In December last year, CEO Marc Benioff said that Salesforce has closed more than 1,000 paid deals for "Agentforce," its platform for creating AI-powered virtual representatives.

The Wall Street Journal reported in January 2024 that Salesforce was laying off about 700 employees. Bloomberg News also reported later in July 2024 that the company cut about 300 more jobs.

Salesforce is set to report its quarterly earnings on Feb. 26.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Alan Barona)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Exclusive-Google works to erode Nvidia's software advantage with Meta's help
Brazil to get satellite internet from Chinese rival to Starlink in 2026
US gaming platform Roblox pledges changes to get Russian ban lifted
Oracle's $10 billion Michigan data center in limbo after Blue Owl funding talks stall, FT reports
Coursera to buy Udemy, creating $2.5 billion firm to target AI training
Factbox-By the numbers: How the Netflix and Paramount bids for Warner Bros stack up
Warner Bros Discovery board rejects rival bid from Paramount
Analysis-Qatar bets on cheap power to catch up in Gulf AI race
Analysis-Crypto investors show caution, shift to new strategies after crash
OpenAI’s ChatGPT updated to�make images better and faster

Others Also Read