Cloud software giant Salesforce announced a 10% layoff and closed some offices.

(Schematic, AFP)

[Financial Channel/Comprehensive Report] In order to save operating costs, cloud software giant Salesforce announced on Wednesday (4th) that it will lay off 10% of its staff and close some offices.

According to comprehensive media reports, Marc Benioff, CEO of Salesforce, pointed out in an email to internal employees that the current environment is still full of challenges, customers are taking a more prudent approach to making their purchase decisions, and recruiting too many people during the epidemic, resulting in At present, the company's operations are facing a recession, forcing him to make a decision to lay off staff.

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Marc Benioff said the company plans to lay off 10% of its workforce in the next few weeks, with nearly 8,000 employees expected to be affected.

In addition to layoffs, Salesforce will also close some offices.

Salesforce estimates that the above-mentioned austerity actions will generate approximately US$1.4 billion to US$2.1 billion (approximately NT$42.9 billion to NT$64.3 billion) in costs, of which US$800 million to US$1 billion (approximately NT$24.5 billion to 30.6 billion) will be Recognized in Q4 FY2023.

As soon as the news of layoffs came out, the company's share price of Salesforce rose by 5% on the 4th, reaching a peak of US$141.85 at one point, and finally closed at US$139.59, an increase of 3.57%.

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