Salesforce Doing Layoffs a Day After Announcing Record-Breaking Profits
The layoffs fall a day after the cloud software giant reported one of its best quarters in the company's 21-year history.
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Salesforce Doing Layoffs a Day After Announcing Record-Breaking Profits
- Thread starter Dalek
- Start date
www.vice.com
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Yeah I know a lot of people there. I used to work there. It's sad. It's become such a shitty place.
Salesforce has a huge presence here in Indy (their name is on the tallest building in the city) and I have several friends from grad school who work their (and they all love their jobs). I hope none of them are impacted by this.
Yeah curious what the actual scale of this is
Edit: SF Chronicle claims 165 employees. https://www.google.com/amp/s/www.sf...lay-off-165-SF-employees-despite-15516748.php
Edit: SF Chronicle claims 165 employees. https://www.google.com/amp/s/www.sf...lay-off-165-SF-employees-despite-15516748.php
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Around 2000
Salesforce Layoff's Announced Today over 15 min video calls across Sales Distribution - post regarding Salesforce.com Inc. layoffs
The Layoff discussion - User says: ``Salesforce Layoff's Announced Today over 15 min video calls across Sales Distribution '' regarding Salesforce.com Inc.
www.thelayoff.com
This could very well be common place, a company that size laying that many seems more like a (delayed) review process culling their bottom performers. Delay because of Covid, I assume.
However, doing so during a pandemic is a bit disgusting.
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When I got laid off last year I applied for a job at Salesforce. My team was pretty ruthlessly cut (all of our tools were literally handed to another team) to realign new business priorities. The new VP who gave us the news showed up 5 minutes late for the meeting, and then talked less than 5 minutes before having HR go into their layoff spiel. That experience aside I'd really enjoyed the culture of the company I worked for, and Salesforce seemed to align in that respect, which is what drove my interest. The Ohana shit made me deeply uncomfortable, and I was a bit concerned about that part of working there. But phew, this is some cold shit and makes me feel like I dodged a bullet. I'm not a salesperson or an engineer, and it feels like in these types of companies any skills that aren't those are not appropriately valued.
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Absolutely the Ohana shit is so lame and creepy. And ultimately means nothing considering the stories I'm hearing about how people were laid off yesterday and today unceremoniously.
And I'll bet the CEO and the other executives gave themselves nice fat bonuses. Same thing that happened at Activision and WWE. Sitting on a mountain of cash, but cutting the employees who got you there.
Not directly on topic but I hate Salesforce. Only partially because of the platform and ecosystem itself. Mostly because Marc Benioff is a huge proponent of everything as a service. The push to turn all things into max profit subscription services. The digital fronter of rent seeking economy.
Yeah this is horrible timing and would make me very unlikely to ever work for the company. Best of luck to the laid off folks, I know Salesforce mentions that they're setting them all up with career coaches / advice to land a new position... but who knows what that actually will mean.
Not defending Salesforce here, but layoffs doesn't mean a company is doing bad, it could mean a department is made redundant or unneeded in the current strategy. This is more common than you think.
Switching over sales strategy might mean you don't need certain types of salesperson anymore.
Switching over sales strategy might mean you don't need certain types of salesperson anymore.
If you're posting record profits, you probably don't need to lay anyone off even if they've been made "redundant" with a new strategy.
But if you do lay them off, that means you can make even more profits because now you don't have to pay all those fuckers! Everyone left can just pick up the slack and be more productive!
Employees are a cost center! They're a security risk! Have as few as possible! A few less even! Optimize efficiency!
"Ohana" means family, and family means no one gets left behind... for 90 days, then 4% of you can fuck off.
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Yup, that's alot ppl. This sounds like capitalism 101, someone must suffer to the benefit of others. disappointing but not surprising/unprecedented
So you take some of your record profits and retrain your people for roles where they are needed. Or you take your record profits and you retain those people until a global pandemic is not massively disrupting the employment market.
It shouldn't be that hard, except people are greedy fucks.
What kinds of jobs are they laying off?
Seems like a company that would be largely software engineer type jobs.
Seems like a company that would be largely software engineer type jobs.
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That is terrible news, good luck to those affected.
This happened to me 1 year ago. Record profits were met with a reduction in our bonus structure, shortly after, everyone in the marketing department and a good portion of our sales staff were laid off. No severance, no notice.
So I've been there and it is a massive gut punch. A union, and better worker rights are solely needed.
This happened to me 1 year ago. Record profits were met with a reduction in our bonus structure, shortly after, everyone in the marketing department and a good portion of our sales staff were laid off. No severance, no notice.
So I've been there and it is a massive gut punch. A union, and better worker rights are solely needed.