Is Salesforce rehiring 40% of laid-off employees?

The American software firm is set to hire 3,300 people after letting go 8,000 in early 2023


The cloud-based American software firm, Salesforce, is reportedly planning to hire 3,300 people. It is apparently going to rehire about 40 per cent of its team members let go in the earlier layoff round this year. At the time, the tough economic environment and controlled expenditure by customers were cited as the reasons for the decision to let go 10 per cent of its workforce.

Now, however, the company is looking for talent in the areas of engineering, sales and data cloud. It is no doubt encouraged by the $8.6 billion it generated in sales during Q2 of 2023. This was 11 per cent higher than the same time last year. Recently, the company raised its expected revenue for the financial year from $34.5 –$34.7 billion to $34.7 – $34.8 billion.

At a recent event, Salesforce unveiled a range of new products and also launched new partnerships.

A subsidiary of Salesforce, Slack is also reported to be seeking new talent. Like Salesforce, it is also considering rehiring some of its workforce let go earlier. Slack is working on expanding its product-development engineering team with a focus on generative artificial intelligence (AI).

The firm has just launched its AI platform, Einstein 1, that ensures safe connection of any data to build AI-powered applications.

Marc Benioff, CEO, Salesforce, has been open in his appreciation for its India team and the way the team members have expanded the engineering centre in the country. He has admitted that the firm’s growth in India has been much beyond expectations.

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