Now Reading: Salesforce to cut dozens of San Francisco jobs in fourth layoff round
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Salesforce to cut dozens of San Francisco jobs in fourth layoff round
Salesforce plans to eliminate dozens of jobs at its San Francisco office starting October 5, according to a formal notice filed with US state authorities. This is the fourth round of layoffs…
The Story in Brief
Salesforce plans to eliminate dozens of jobs at its San Francisco office starting October 5, according to a formal notice filed with US state authorities. This is the fourth round of layoffs in less than a year, affecting 74 positions: 37 technology and product roles, 34 administrative, and three in sales and distribution. The company spent $80 million on restructuring in the first quarter of fiscal 2027 despite revenue of $11.1 billion.
CEO Marc Benioff linked the cuts to AI efficiency, saying the company used AI to keep engineer hiring mostly flat. The layoffs come amid a broader tech industry restructuring, with more than 125,000 tech workers laid off worldwide this year according to Layoffs.fyi. Earlier Salesforce rounds affected 262 jobs in September, hundreds in February, and 86 in June.
The Indian Opinion
The easy narrative is that AI is simply killing jobs at Salesforce. But the company's strong revenue and restructuring spending suggest a strategic shift, not a crisis. Salesforce has slowed hiring in some areas while likely adding AI-related roles elsewhere. The real test will be the net employment change at Salesforce over two years: how many jobs vanish permanently, and how many new ones appear? Without that number, the 'AI destroys jobs' story remains incomplete.
Source: timesnownews.com
This story was synthesised by AI from the source linked above.
