Salesforce to lay off around 700 employees across company: Report

In its latest round of layoffs in the tech industry, Salesforce will hand over pink slips to around 700 employees across the company, the Wall Street Journal (WSJ) reported on Friday. The company had in 2023 laid off 10 per cent of its employees.

The current layoffs will impact around 1 per cent of the company’s total workforce of 70,000 people. With this, the company has become the fourth tech major to trim its workforce in 2024 after Google, Twitch and Amazon.

Google, earlier this month, announced that it has decided to let go of 12,000 people from the company.