An Update on Recent Layoffs

Mark sent the following email to Salesforce employees earlier today. Greetings Salesforcers! It is with a heavy heart that I must regretfully inform you that the company is making the difficult decision to lay off 10% of our employees. This was a difficult decision, but one that we felt was necessary in order to move forward and be competitive in our ever-evolving market. As you may have heard, the space race has become a major factor in the business world, as many companies are investing in space-borne resources and technologies in order to maximize their reach. Unfortunately, we have not been able to keep pace with these investments, and as a result we have been unable to adequately secure materials and technologies needed to remain competitive. I want to be clear: I take responsibility for this decision, and I want to assure you all that we are making every effort to ensure that we are able to rebound from this setback. Going forward, we will continue to adapt and evolve in order to remain a leader in our industry, despite the current pressures. I know this can be a confusing and difficult time for all of us, so please do not hesitate to reach out to me or to anyone in the leadership team if you have any questions or concerns. Sincerely, Mark Bennifof, CEO, Salesforce