Salesforce reportedly axes 1,000 jobs despite barnstorming results
Layoffs come a day after CEO Benioff praises staff for record-breaking results
Salesforce is axing around 1,000 jobs, according to reports.
The cuts come a day after CEO Marc Benioff praised the company's 54,000 staff for delivering a record-breaking quarter on an earnings call with investors.
Those affected by the cuts have 60 days to find a new role in the company, with those who don't find a job within the organisation being offered a redundancy package, according to media reports that have cited people familiar with the matter.
Those most likely to be affected are reportedly those who joined the organisation through acquisitions such as Tableau and MuleSoft.
In a statement to CRN, the vendor said that it is "reallocating resources" to ensure continued growth for the business.
"We're reallocating resources to position the company for continued growth. This includes continuing to hire and redirecting some employees to fuel our strategic areas, and eliminating some positions that no longer map to our business priorities," it stated.
"For affected employees, we are helping them find the next step in their careers, whether within our company or a new opportunity."
CEO Benioff won praise in March when he tweeted that the company would not be letting either its salaried or hourly workers go for at least 90 days.
Salesforce this week announced an unexpectedly bumper Q2, which saw its revenue climb 20 per cent year-on-year to $5.15bn.
The CRM vendor saw its share value surge 25 per cent after its barnstorming Q2 results, with the news of the jobs cull doing little to dint its share value.