Tech Layoffs In 2022: 23 Companies Slashing Their Workforce
Joseph F. Kovar
A review of the layoffs that have hit some major tech companies and startups alike over the past few months — from Oracle and Intel to Avaya, Meta and Cybereason.
Salesforce: Laying Off Hundreds
Salesforce plans to lay off hundreds of workers by the Thanksgiving holiday as technology vendors feel the slowing economy. The start of the layoffs is unclear but should happen before Thanksgiving, according to Protocol which said it could involve up to 2,500 employees. Axios, however, put the number at hundreds.
In a statement to CRN, Salesforce attributed the layoffs to sales performance. “Our sales performance process drives accountability. Unfortunately, that can lead to some leaving the business, and we support them through their transition,” the company said.
Salesforce has over 70,000 employees. CNBC reported that Salesforce let fewer than 1,000 employees go Monday due to lighter demand for the company’s products, which include Slack, Tableau and MuleSoft.
Salesforce in October also cut its contracts with about 90 temporary recruiting contractors because of a hiring freeze.