Salesforce (CRM) is planning further workforce reductions, according to a Wall Street Journal report. The company intends to cut an additional 700 jobs, coming about one year after the company laid off 10% of its staff. This latest round of layoffs represents a continuation of Salesforce’s cost-cutting efforts.
Yahoo Finance’s Seana Smith and Brad Smith break down the details, providing insights into the growing trend of layoffs in the tech sector.
#youtube #AI #tech
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Sectors still hiring in IT: healthcare, oil and gas, insurance, supply chain logistics, government, never thought about enterprise companies…basically the boring but stable tech jobs.
Laying off healthcare sector as well, particularly in business ops, consulting, IT, and finance.
Healthcare still gained way more jobs than lost. Still fastest growing industry as population grows and ages. You can go without all the products these tech companies make, you can’t go without healthcare services
@@8MunchenBayern8 Munchen, I’ve been in the healthcare management industry for 15 years. I’ve seen cycles. I left McKinsey and many healthcare organizations are not inclined to hire professionals in non clinical related jobs.
Not really, I have been in two round of layoffs in Biotech and one in Insurance, IT workforce are moving to India
Just learn to code bro
DEI
Diversity Equity and Inclusion teams are being dissolved
This is a good thing
Not true
@@michaelc1063
Yes true
It’s racist
They have bilions in cash and lay off people
Lets be honest alot of these “tech” companies have been overrated for a long time
With cut is sales force employee must come with a cut in CEO’s salary and bonus plan. So how about 20% cut for the CEO
the wave of c19 has been surfed, time to move on, go back to normal and plan the next coup
BIDENOMICS
TBH Salesforce products are mediocre at best. You can get better for cheaper…