After a half-decade of fast hiring and large acquisitions, Salesforce is trying to cut costs and better integrate the companies it has purchased. The software maker, which lost almost half of its value in 2022, has been pressured by investors to improve profit. The job cuts made public Wednesday — about 8,000 workers — are less than half of the number of employees hired in the pandemic and followed the announced exit in December of co-CEO Bret Taylor and the elimination of hundreds of sales positions in November.
Salesforce Inc. division Tableau was hit harder than other units in the company’s largest-ever round of jobs cuts this week, adding to a major reorganisation that signals the US$15.7 billion ($21.11 billion) acquisition hasn’t lived up to expectations.
Chief executive officer Mark Nelson was ousted from the data analytics division in late December and more senior staff were axed Wednesday as part of Salesforce’s announcement that it would eliminate 10% of its workforce. Job reductions at Tableau were greater, proportionally, than the company at large thus far.
