• Latest
  • Trending
Salesforce cuts jobs and hires for AI expansion

Salesforce cuts jobs and hires for AI expansion

4 February 2025
BlackRock completes acquisition of HPS Investment Partners

BlackRock completes acquisition of HPS Investment Partners

6 July 2025
Gold vs Dollar reserves: Central banks shift strategy amid global uncertainty

Gold vs Dollar reserves: Central banks shift strategy amid global uncertainty

6 July 2025
HCLTech and Equinor expand digital collaboration

HCLTech and Equinor expand digital collaboration

6 July 2025
Infosys Foundation partners with ICT Academy of Tamil Nadu to boost employability in rural India

Infosys Foundation commits ₹48 cr to maternal and child healthcare in Karnataka

5 July 2025
India’s top export destinations: how trade tells the story of global alliances

India’s top export destinations: how trade tells the story of global alliances

5 July 2025
SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

5 July 2025
NMDC reports record production, expands global reach with new UAE office

NMDC reports record production, expands global reach with new UAE office

5 July 2025
OpenAI and Oracle team up to build next generation AI infrastructure

OpenAI and Oracle team up to build next generation AI infrastructure

4 July 2025
Ecobank partners with Google Cloud to drive digital innovation in Africa

Ecobank partners with Google Cloud to drive digital innovation in Africa

4 July 2025
IT and Digital jobs are now paying the most across India

IT and Digital jobs are now paying the most across India

4 July 2025
Data Story: LME Aluminium price remains stable despite tariff concerns

Data Story: LME Al inventory level remains at multi-month low on US tariffs

3 July 2025
LTIMindtree launches GCC-as-a-Service

LTIMindtree launches GCC-as-a-Service

3 July 2025
Sunday, July 6, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

Salesforce cuts jobs and hires for AI expansion

in Blog
Reading Time: 2 mins read
0
Salesforce cuts jobs and hires for AI expansion

Athira Sethu

Kochi, 4 February 2025

RelatedPosts

Gold vs Dollar reserves: Central banks shift strategy amid global uncertainty

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

The role of Rare Earth metals in everyday technology

Salesforce is laying off and hiring simultaneously. On one hand, the company is eliminating more than 1,000 jobs and, on the other hand, building an artificial intelligence (AI) team by hiring new people. This new hiring is aimed at helping sell its growing AI services, as reported by Bloomberg. The exact areas of the company that will be affected are not yet clear.

However, it has been confirmed that the employees being released will be allowed to try to find other jobs in Salesforce.

This is not the first time that Salesforce trimmed its workforce. In July 2024, the company cut about 300 employees on its payroll through a plan that aimed to make its operations better and more cost-efficient while growing. The decision came with prospects of strong growth in Africa-mostly South Africa and Morocco following solid investments in AI.

Additionally, in November 2024, it was disclosed that Salesforce will be cutting some jobs at Own, a $2 billion-purchased data-management company. Roles would be eradicated by 31 January 2025 for some, or phased out in a few months or even in a year in some cases based on the requirement during the integration process.

Over the years, the workforce of Salesforce increased rapidly because of several mergers, and the costs rose as well. The activist investors began to question the spending on deals by the company. Therefore, Salesforce chose to disband its mergers and acquisitions team and cut 10% of its workforce in 2023.

To put it briefly, Salesforce is striking a balance between decreasing employment and more new recruitment, mainly to advance its business of AI. It is, without doubt, difficult for some of the employees, but the company seems to be giving opportunities for new roles within the organization to those affected.

Related Posts

Gold vs Dollar reserves: Central banks shift strategy amid global uncertainty

Gold vs Dollar reserves: Central banks shift strategy amid global uncertainty

by databiztimes.com
6 July 2025
0

Srotaswini Mohapatra Pune, 6 July 2025 As global economic uncertainty intensifies, central banks worldwide are rethinking their foreign reserve strategies,...

Infosys Chairman Nilekani predicts a long journey for enterprise AI Adoption

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

by databiztimes.com
26 June 2025
0

Athira Sethu Kochi, 26 June 2025 Infosys Chairman Nandan Nilekani addressed the company's annual general meeting and reiterated that the...

The role of Rare Earth metals in everyday technology

The role of Rare Earth metals in everyday technology

by databiztimes.com
18 June 2025
0

Athira Sethu Kochi, 18 June 2025 Rare earth metals are crucial to the technology that we use daily. These metals...

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

by databiztimes.com
8 June 2025
0

DBT Bureau Pune, 8 June 2025 Cognizant announced it has been named one of America’s Greatest Workplaces 2025 and one...

BlackRock completes acquisition of HPS Investment Partners
Media Release

BlackRock completes acquisition of HPS Investment Partners

by databiztimes.com
6 July 2025
0

DBT Bureau Pune, 6 July 2025 BlackRock Inc. and HPS Investment Partners announced the successful completion of BlackRock’s acquisition of...

Read moreDetails
Gold vs Dollar reserves: Central banks shift strategy amid global uncertainty
Blog

Gold vs Dollar reserves: Central banks shift strategy amid global uncertainty

by databiztimes.com
6 July 2025
0

Srotaswini Mohapatra Pune, 6 July 2025 As global economic uncertainty intensifies, central banks worldwide are rethinking their foreign reserve strategies,...

Read moreDetails
HCLTech and Equinor expand digital collaboration
Media Release

HCLTech and Equinor expand digital collaboration

by databiztimes.com
6 July 2025
0

DBT Bureau Pune, 6 July 2025 HCLTech, a global technology leader, and Equinor, Europe's largest energy supplier and a pioneer...

Read moreDetails
Infosys Foundation partners with ICT Academy of Tamil Nadu to boost employability in rural India
Media Release

Infosys Foundation commits ₹48 cr to maternal and child healthcare in Karnataka

by databiztimes.com
5 July 2025
0

DBT Bureau Pune, 5 July 2025 Infosys Foundation, the philanthropic and CSR arm of Infosys, announced its collaboration with Prashanthi...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?