3 ms·
Salesforce is laying off employees in San Francisco. "The cloud computing company, San Francisco’s largest private employer, is laying off four workers in gene
by squibbles 6y ago
Salesforce is laying off employees in San Francisco.
"The cloud computing company, San Francisco’s largest private employer, is laying off four workers in general administration, 42 in sales and customer service and 119 in technology and product divisions, according to a state filing. The cuts span the company’s three downtown towers: Salesforce Tower, 350 Mission St. and 50 Fremont St." [0]
An ironic situation, given a quote from Benioff (CEO) regarding the recent profits: "This is a victory for stakeholder capitalism because I think, you know, that we did a great job for our shareholders this quarter, but we also did a great job for our stakeholders, as well." [1]
Although the layoffs may be delayed due to the pandemic, the market is and will continue to be flooded with people looking for work -- it really is an awful time to be let go.
[0] https://www.sfchronicle.com/business/article/Salesforce-to-lay-off-165-SF-employees-despite-15516748.php https://www.sfchronicle.com/business/article/Salesforce-to-l...
[1] https://www.cnbc.com/2020/08/25/salesforces-marc-benioff-claims-a-victory-for-stakeholder-capitalism.html https://www.cnbc.com/2020/08/25/salesforces-marc-benioff-cla...