SalesUS

Salesforce Layoffs

November 2022

Salesforce announced a layoff affecting 1,000 employees (1% of its workforce) in November 2022. The company operates in the Sales sector.

People Affected

1,000

Percentage

Announced Date

Nov 7, 2022

About

Salesforce, a major enterprise software company in the tech industry, laid off fewer than 1,000 employees this week, representing just over 1% of its workforce of 73,541. The move comes as the company faces longer sales cycles and heightened scrutiny from clients, leading to softened demand in certain regions and industries like communications and retail. This follows a period of rapid hiring growth and reflects broader economic pressures, including rising interest rates, that are prompting tech firms to adjust their headcounts.