Report: Salesforce to Lay Off 700 Employees, Redirect Spending

Salesforce is reportedly laying off 700 employees, or about 1% of its workforce.The cuts are being made across the company, The Wall Street Journal (WSJ) reported Friday (Jan. 26), citing an unnamed source.Salesforce did not immediately reply to PYMNTS’ request for comment.The company still has 1,000 jobs open, suggesting this is a routine adjustment of the workforce and Salesforce aims to redirect its spending to other areas, according to the report.Salesforce laid off 8,000 employees, or 10% of its staff, ...