Salesforce layoffs: 700 employees will be laid off in salesforce also, the company’s CEO told this reason

Salesforce, known for its cloud-based relationship management software, is laying off 700 employees, The Wall Street Journal reported on Friday. The layoffs represent about one percent of Salesforce’s workforce, with the company having about 70,000 employees.

Even a year ago, the company had laid off about 10% of its employees. During that period, about 8,000 employees lost their jobs. At that time, the decision was taken to cut expenses due to pressure from investors.

The news of layoffs at Salesforce comes at a time when various tech companies have decided to reduce their workforce to reduce their expenses. The news of layoffs at Salesforce came a day after Microsoft reported laying off 1,900 employees in its video-game division. According to sources, Activision Blizzard is also included in the companies where Microsoft is going to lay off.

Microsoft acquired Activision for $69 billion in a deal signed late last year. At WEF, Salesforce CEO Marc Benioff said that in view of the increasing use of AI in the tech industry, protective measures are being taken by various companies. Under this, this decision has been taken.

“We don’t want anything really to go wrong. That’s why we’re taking a cautious approach,” he said. “We don’t want a Hiroshima moment,” Benioff said. We have seen that technology is really going in the wrong direction. We have seen a Hiroshima. We don’t want to see an AI Hiroshima. We want to make sure our attention is drawn to prevention.