Salesforce Reportedly Trims Workforce, Appoints New Leaders Amid AI Pivot

Group 1 - Salesforce has cut part of its workforce, affecting fewer than 1,000 employees, and has reshuffled its executive leadership, appointing six new or promoted executives to lead key business units [1][2] - The layoffs impacted teams across marketing, product, and data, with five high-profile leaders departing since December [1] - The job cuts are part of a broader trend in the tech industry, where companies are trimming staff while increasing their use of artificial intelligence, which is replacing some routine work [3] Group 2 - In January, Amazon laid off 16,000 workers, following 14,000 job cuts in October, indicating a significant trend in workforce reductions across major tech firms [4] - Salesforce's stock closed up 1.4% at $194.03, but has lost about 40.7% in the past year, reflecting market challenges [5] - The company is scheduled to report its fourth-quarter results on February 25, which may provide further insights into its financial health [5]

Salesforce Reportedly Trims Workforce, Appoints New Leaders Amid AI Pivot - Reportify