Salesforce's Marc Benioff told employees that the company had hired too many people as revenue increased during the pandemic.
Benioff cited what he called a challenging environment as reason for the layoffs, which he said would take place over the coming weeks. It's unclear whether or how many Indiana-based employees will be impacted."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 said in the letter.
also said that Salesforce would"select real estate exits and office space reductions within certain markets," though it did not specify which locations.Benioff's letter said that employees who were affected by these layoffs would receive an email imminently. Benioff also said that U.S. employees would get a minimum of nearly five months of pay, as well as health insurance and other resources as they search for new jobs.
, the company employs around 2,300 people in Indianapolis. Salesforce Indianapolis was established in 2013. Contact IndyStar business reporter Claire Rafford at crafford@gannett.com or on Twitter @clairerafford.
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