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Salesforce to cut staff by 10%, close some offices By Reuters

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© Reuters. FILE PHOTO: A logo of Salesforce is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier

(Reuters) – Salesforce (NYSE:) Inc said on Wednesday it would slash about 10% of its workforce and close some offices as a part of its restructuring plan.

The company expects to incur about $1.4 billion to $2.1 billion in charges, of which about $800 million to $1 billion will be recorded in the fourth quarter of fiscal 2023.

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