News: We hired too many people, says Salesforce CEO as he sacks employees in a 2-hour call

Strategic HR

We hired too many people, says Salesforce CEO as he sacks employees in a 2-hour call

As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn, said CEO of Salesforce Marc Benioff.
We hired too many people, says Salesforce CEO as he sacks employees in a 2-hour call

Since the layoff spree began around the globe, we saw several companies firing employees over emails and calls. Salesforce too announced last month that it is slashing about 10% of its workforce and will also be closing some offices. 

The CEO of Salesforce Marc Benioff wrote a letter to employees revealing that the company reduced its headcount because the [economic] environment is challenging. 

However, now the top executive of the company has claimed that laying off thousands of employees during a two-hour meeting over a call was not a wise decision.

"We were trying to explain the unexplainable. It's hard to have a call like that with such a large group and have it be effective, and we paid a price," The New York Times quoted Benioff as saying.

The CEO received flak from the employees for being evasive during the meeting, which affected about 7,000 employees. Several media reports also suggested that around 4,000 people disappeared from Salesforce's Slack channel within two days.

"I’ve been thinking a lot about how we came to this moment. 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," he added.

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Topics: Strategic HR, #Layoffs, #HRTech

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