Salesforce to cut workforce by 10% after hiring ‘too many people’ during the pandemic

Salesforce has announced that it’s cutting some 10% of its workforce, impacting more than 7,000 employees, while it will also shutter offices in “certain markets.”
In a letter to employees and a corresponding filing with the Securities and Exchange Commission (SEC), Salesforce CEO Marc Benioff referenced the “challenging” environment in which it’s operating, pointing to the “more measured approach” its customers are making with their purchasing decisions.
Similar to other companies hit by significant layoffs over the past year, Benioff added that

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