From Fortune:

Salesforce Inc. will be cutting about 700 workers, representing less than 1% of its total workforce, a source revealed. This move comes amid a trend of major tech layoffs, including a similar cut of 10% a year ago. This is in line with the company’s efforts to expand profit margins. Other tech companies, including Microsoft, Google, and Amazon have also revealed plans for layoffs. The ongoing focus on cost-cutting has continued in the tech industry.



Read more: Salesforce slashes 700 jobs, adding to brutal string of 2024 tech layoffs