AIToday

Salesforce cuts employees across Agentforce, Mulesoft, and Marketing Cloud in new round of layoffs

Top Companies AI — US (2/2)1d ago2 min read
Salesforce cuts employees across Agentforce, Mulesoft, and Marketing Cloud in new round of layoffs

Summaries like this, in your inbox every morning.

Sign up free →

3 Key Points

  1. 1

    A regulatory filing in California listed 86 Salesforce job cuts affecting roles in sales, general administration, technology and product, with affected employees remaining on payroll until Aug. 7. Additional cuts in Washington state and outside the U.S. were also confirmed.

  2. 2

    The cuts targeted employees working on Agentforce (an AI agent product), Mulesoft (an IT integration tool), and Marketing Cloud software. In November, Business Insider reported that Agentforce adoption was relatively low despite the company's promotional demos.

  3. 3

    Salesforce stock is down more than 30% this year amid concerns that AI models and agents could displace traditional software offerings, including the company's core customer relationship-management product. Last month, Salesforce reported Agentforce annualized revenue had passed $1 billion.

  4. 4

    This follows an earlier round of layoffs in January when the company eliminated fewer than 1,000 roles. Salesforce had more than 80,000 employees at the end of January.

Discussion

No comments yet. Be the first to share your thoughts!

Log in to join the discussion

Related Articles

Stay ahead with AI news

Get curated AI news from 200+ sources delivered daily to your inbox. Free to use.

Get Started Free

Free · takes 30 seconds · unsubscribe anytime

5 minutes a day. The AI essentials.

200+ sources · Email / LINE / Slack

Get it free →