- “As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that,” Benioff remarked, adding, “I’m grateful for every single one of you who has contributed to our continued success as a company, and the hard work and sacrifices you have made to generate success for our hundreds of thousands of customers.”
- Employees impacted by the layoffs were told they would receive emails within one hour of the letter would receive five months of pay and health insurance.
- Shares for Salesforce increased more than 3 percent on Wednesday; the company’s stock price declined more than 40 percent last year.
