Salesforce notifies employees of around 1,000 job cuts amid stock surge

Salesforce notifies employees of around 1,000 job cuts amid stock surge
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Amid record stock sales and a new acquisition, Salesforce is notifying employees of job cuts.

About 1,000 of Salesforce’s employees are affected. Employees were told they have 60 days to find a new role in the company.

“We’re reallocating resources to position the company for continued growth,” Salesforce said in a statement to USA TODAY. “This includes continuing to hire and redirecting some employees to fuel our strategic areas, and eliminating some positions that no longer map to our business priorities. For affected employees, we are helping them find the next step in their careers, whether within our company or a new opportunity.”

Salesforce has about 49,000 employees, and those affected by the reallocation will be provided outplacement services to find a new role in the company or elsewhere.

Source: USA Today

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