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Salesforce Reportedly Trims Workforce, Appoints New Leaders Amid AI Pivot - Amazon.com (NASDAQ:AMZN), Salesforce (NYSE:CRM)
Six new leaders take charge at Salesforce to fill roles vacated by five executives amid internal restructuring and AI competition impacting stock, with fewer than 1,000 workforce cuts.
- Earlier this month, Salesforce cut part of its workforce, eliminating fewer than 1,000 roles and appointing six new leaders to run businesses including Agentforce and Slack.
- Amid expanding use of AI across tech, Salesforce's job cuts follow a broader tech sector trend, with CEO Marc Benioff saying AI agents reduced support staff from 9,000 to 5,000.
- Joe Inzerillo was named president of enterprise and AI technology to oversee Slack and Agentforce, while Iain Mulholland joined as chief security officer and Patrick Stokes became chief marketing officer.
- Affected teams include marketing, product management, data analytics and Agentforce, with at least nine employees posting on LinkedIn that their roles were eliminated; Salesforce has not publicly disclosed the cuts as it heads into fourth-quarter results due on Wednesday, Feb. 25.
- Agentforce has become one of Salesforce's most important new AI services as the stock has lost about 40.7% in the past year amid investor concern over AI competition.
10 Articles
10 Articles
Salesforce Reportedly Trims Workforce, Appoints New Leaders Amid AI Pivot - Amazon.com (NASDAQ:AMZN), Salesforce (NYSE:CRM)
Salesforce (NYSE: CRM) has reportedly cut part of its workforce and reshuffled its executive leadership in recent weeks, affecting fewer than 1,000 employees and bringing new leaders to key business units. Importance Rank: 1
Salesforce Sharpens the Knife Again: Inside the CRM Giant’s Latest Restructuring as AI Ambitions Collide With Workforce Reality
Salesforce Inc., the enterprise software colossus that has long positioned itself as a beacon of stakeholder capitalism, is once again trimming its workforce and reshuffling its executive ranks — a move that underscores the tension between the company’s aggressive artificial intelligence pivot and the persistent pressure to deliver profitable growth in an uncertain macroeconomic environment. The latest round of cuts, reported by Business Insider…
Salesforce Quietly Lays Off Around 1,000 Employees
In the midst of a major leadership change and an increased emphasis on artificial intelligence, cloud software giant Salesforce has slashed 1,000 jobs across various teams in yet another wave of layoffs. Staff members in marketing, product management, data analytics, and positions associated with Salesforce's main artificial intelligence product, Agentforce, were laid off earlier this month. A minimum of nine workers informed their LinkedIn netw…
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