Salesforce Starts Layoffs, Offering Up to 30 Weeks of Severance as AI Threatens Core Software
Updated
Updated · Business Insider · Jun 9
Salesforce Starts Layoffs, Offering Up to 30 Weeks of Severance as AI Threatens Core Software
3 articles · Updated · Business Insider · Jun 9
Summary
Salesforce began notifying employees of a new layoff round on Monday, with a California filing earlier showing 86 cuts across sales, administration and tech roles.
Up to 30 weeks of severance is available to eligible U.S. workers—26 weeks for most employees, plus extra weeks tied to age and tenure—and six months of COBRA, or 12 months for those 60 and older.
The package appears richer than recent Big Tech offers from Oracle, Block and Amazon, giving affected staff a softer landing even as Salesforce stock has fallen more than 30% this year.
The cuts reflect growing concern inside Salesforce that AI tools and agents could displace traditional software, including parts of its core customer-relationship-management business.