SAN FRANCISCO (KRON) – A day after reporting strong results for its fiscal second quarter, Salesforce notified some of its employees of job cuts, according to a report by The Wall Street Journal Wednesday.
About a thousand of Salesforce’s employees are affected, USA Today reports. Employees were told they have 60 days to find a new role in the company.
“We’re reallocating resources to position the company for continued growth,” Salesforce said in a statement to USA TODAY.
In a press release, Salesforce said it had delivered a total second-quarter revenue of $5.15 billion, an increase of 29% year-over-year.
Earlier this week, Salesforce had announced it would allow its employees to work from home until Aug. 2021, with 6 extra weeks of time off for parents.
The company’s previous guidelines allowed for remote work until the end of this year.
This is a developing story. Check back for updates.
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