6 ms·

Salesforce cut hundreds of employees Monday

55 points by Bhurn00985 4y ago

JDEW 4y ago
> Salesforce let go of fewer than 1,000 employees Monday, according to a person familiar with the move. > At the end of January it employed 73,541 people. “…employees Monday”, “…January” Is this grammatical? Is it coherent? Or was this generated with GPT-3?
- pwinnski 4y ago
  The author was last aware of the Salesforce headcount on or near January 31. Yesterday, Salesforce reduced their headcount. It doesn't seem difficult to parse at all.
- happytoexplain 4y ago
  I'm not picking up on what you're implying is the confusing part.
  - gamblor956 4y ago
    I think JDEW's comment was generated by GPT3 and he's asking if his own comment was coherent?
cs702 4y ago
Every company wants to cut spending on people, services, and facilities, because revenues are slowing down, costs are rising, and there's more uncertainty about the near term future. The people who lose their jobs, in turn, are forced to cut their spending, contributing even more to the ongoing revenue slowdown at companies that sell to consumers. The service providers who see their billing examined with a microscope and who are told that new projects are now on hold, in turn, find themselves forced to cut their own spending on people, services, and facilities, contributing even more to the ongoing revenue slowdown at other companies. The office buildings who are given notice of lease terminations, in turn, find themselves forced to cut their own spending, contributing as well to the ongoing revenue slowdown at other companies. The more every company and consumer cuts spending, the less money all companies and consumers earn. This unpleasant state of affairs is called a "recession." When it's really bad, it's called a "depression." It's no fun. Many unprofitable companies and many consumers without savings are at risk of financial ruin.
- cheriot 4y ago
  > many consumers without savings are at risk of financial ruin Yes. This is the reason for having a better social safety net. There's no reason a normal business cycle should "ruin" normal people that did not take excessive risks.
  - SoftTalker 4y ago
    Having no savings is not taking a risk?
    - piva00 4y ago
      Don't victim blame. Not every person or family is able to save, think about it a bit deeper than your personal bubble...
    - theshrike79 4y ago
      It takes a _long_ time to save up enough to manage through a year of unemployment. A social safety net is always there.
    - AshleyGrant 4y ago
      It's absolutely taking a risk, but for many people it is an unavoidable risk, and thus would not be considered taking "excessive" risk, as OP mentioned.
    - fnordpiglet 4y ago
      The relative cost of health care and other benefits makes savings a lost cause for the unemployed. You live one trip to the ER away from bankruptcy and homelessness every minute of every day. It’s foolish to blame savings rates for that situation, almost no one make enough to save at a rate that prevents medical bankruptcy.
    - jrnichols 4y ago
      if you live in California, savings are a dream for so many people. skyrocketing rents, high taxes, skyrocketing gas prices, expensive health insurance, and so on. it's really hard for a lot of people to build up savings here.
tootie 4y ago
This is pretty small adjustment for a company their size and comes on the heels of several large acquisitions and a huge hiring spree. I'm not sure this is actually a headcount reduction or just a restructuring. They have over 3000 job openings listed on LinkedIn right now.
throwawaynov 4y ago
Salesforce employee here. These were mostly the account executives who couldn't meet their quota. It's unfortunate that this is happening to AEs, who are usually the hardworking people at Salesforce struggling to close deals in a tough economy. It will be interesting to see what will happen to the random 'strategy', product and engineering folks who build over engineered, over priced, marketing bullock that doesn't sell.
- DaiPlusPlus 4y ago
  > These were mostly the account executives who couldn't meet their quota. > account executives ...you mean "sales", right?
  - throwawaynov 4y ago
    Yes - Sales is a function/dept/team. Account executives are part of sales teams.
radiojasper 4y ago
They couldn't keep their sales force.

55 points by Bhurn00985 4y ago

JDEW 4y ago

> Salesforce let go of fewer than 1,000 employees Monday, according to a person familiar with the move. > At the end of January it employed 73,541 people. “…employees Monday”, “…January” Is this grammatical? Is it coherent? Or was this generated with GPT-3?

pwinnski 4y ago
The author was last aware of the Salesforce headcount on or near January 31. Yesterday, Salesforce reduced their headcount. It doesn't seem difficult to parse at all.
happytoexplain 4y ago
I'm not picking up on what you're implying is the confusing part.
- gamblor956 4y ago
  I think JDEW's comment was generated by GPT3 and he's asking if his own comment was coherent?

cs702 4y ago

Every company wants to cut spending on people, services, and facilities, because revenues are slowing down, costs are rising, and there's more uncertainty about the near term future. The people who lose their jobs, in turn, are forced to cut their spending, contributing even more to the ongoing revenue slowdown at companies that sell to consumers. The service providers who see their billing examined with a microscope and who are told that new projects are now on hold, in turn, find themselves forced to cut their own spending on people, services, and facilities, contributing even more to the ongoing revenue slowdown at other companies. The office buildings who are given notice of lease terminations, in turn, find themselves forced to cut their own spending, contributing as well to the ongoing revenue slowdown at other companies. The more every company and consumer cuts spending, the less money all companies and consumers earn. This unpleasant state of affairs is called a "recession." When it's really bad, it's called a "depression." It's no fun. Many unprofitable companies and many consumers without savings are at risk of financial ruin.

cheriot 4y ago
> many consumers without savings are at risk of financial ruin Yes. This is the reason for having a better social safety net. There's no reason a normal business cycle should "ruin" normal people that did not take excessive risks.
- SoftTalker 4y ago
  Having no savings is not taking a risk?
  - piva00 4y ago
    Don't victim blame. Not every person or family is able to save, think about it a bit deeper than your personal bubble...
  - theshrike79 4y ago
    It takes a _long_ time to save up enough to manage through a year of unemployment. A social safety net is always there.
  - AshleyGrant 4y ago
    It's absolutely taking a risk, but for many people it is an unavoidable risk, and thus would not be considered taking "excessive" risk, as OP mentioned.
  - fnordpiglet 4y ago
    The relative cost of health care and other benefits makes savings a lost cause for the unemployed. You live one trip to the ER away from bankruptcy and homelessness every minute of every day. It’s foolish to blame savings rates for that situation, almost no one make enough to save at a rate that prevents medical bankruptcy.
  - jrnichols 4y ago
    if you live in California, savings are a dream for so many people. skyrocketing rents, high taxes, skyrocketing gas prices, expensive health insurance, and so on. it's really hard for a lot of people to build up savings here.

tootie 4y ago

This is pretty small adjustment for a company their size and comes on the heels of several large acquisitions and a huge hiring spree. I'm not sure this is actually a headcount reduction or just a restructuring. They have over 3000 job openings listed on LinkedIn right now.

throwawaynov 4y ago

Salesforce employee here. These were mostly the account executives who couldn't meet their quota. It's unfortunate that this is happening to AEs, who are usually the hardworking people at Salesforce struggling to close deals in a tough economy. It will be interesting to see what will happen to the random 'strategy', product and engineering folks who build over engineered, over priced, marketing bullock that doesn't sell.

DaiPlusPlus 4y ago
> These were mostly the account executives who couldn't meet their quota. > account executives ...you mean "sales", right?
- throwawaynov 4y ago
  Yes - Sales is a function/dept/team. Account executives are part of sales teams.

radiojasper 4y ago

They couldn't keep their sales force.