Salesforce laid off several hundred workers from its sales team.
The big picture
: Nearly all tech companies are reassessing their workforces in a slowing economy, with most imposing hiring freezes. Twitter laid off about half its workforce last week and Meta is expected to lay off thousands of employees as soon as tomorrow.: Salesforce confirmed that it has made the cuts, and its statement suggests it selected who would be laid off based on performance.The intrigue:reported
earlier Tuesday that the company was planning to cut thousands of jobs. The source said these are the only job cuts currently on the table. "Our sales performance process drives accountability," A Salesforce spokesperson said in a statement to Axios. "Unfortunately, that can lead to some leaving the business, and we support them through their transition."
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