Salesforce to slash 10% of its workforce worldwide
Salesforce had slightly under 50,000 employees at the beginning of 2020, and ended 2022 with just under 80,000 after a prolonged hiring spree throughout the pandemic. Like many other big tech firms, the company saw a huge spike in the demand for its products and services over 2020 and 2021, culminating in revenue of $26.5 billion and a market capitalisation of over $300 billion during the financial year ending March 2022.
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