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Salesforce is cutting about 700 workers, adding to a brutal string of tech layoffs at the start of 2024.
Less than 1% of workers will be cut, according to a person familiar with the plans who wasn’t authorized to discuss them publicly and asked not to be identified. A Salesforce representative declined to comment.
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Weakening a managerial role can lead to lower engagement, higher employee turnover, and reduced organizational effectiveness.
Microsoft said it will cut 6,000 workers in an effort to reduce management layers.
The plans is to cut "non-essential roles" and return to staffing levels from before the pandemic.
Southwest has long boasted of never having an involuntary layoff over a history stretching back more than five decades.
Reducing inefficiencies in HR processes and cutting spending will be the main drivers of HR technology spending.
