Salesforce Cuts Jobs to Invest in Artificial Intelligence

Salesforce reportedly plans to lay off over 1,000 employees to reallocate resources towards developing new AI products.

Key Points:

* Displaced workers can apply for internal positions.
* Specific details of affected divisions are yet to be disclosed.
* Salesforce had 72,682 employees as of January 31, 2024.
* Recent job cuts follow previous layoffs in December 2023 and July 2024.
* Salesforce is expected to announce its quarterly earnings on February 26.