Salesforce Cuts , 10% of Its Workforce.<br />Yahoo Finance reports that the software company made the announcement on Jan. 4.<br />Salesforce CEO Marc Benioff also revealed that the company will reduce office space and get rid of various real estate.<br />Salesforce CEO Marc Benioff also revealed that the company will reduce office space and get rid of various real estate.<br />I’ve been thinking a lot about how we came to this moment, Marc Benioff, Salesforce CEO, via statement.<br />As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that, Marc Benioff, Salesforce CEO, via statement.<br />The company expects the changes <br />to cost $1.4 billion to $2.1 billion.<br />Yahoo Finance reports that Salesforce shares rose 2.5% in pre-market trading. .<br />While speaking at Salesforce's Dreamforce conference in September, Benioff said the company cares about investors' concerns.<br />For us, I think that the market doesn't fully appreciate how committed we are to growth and margins, Marc Benioff, Salesforce CEO, via statement.<br />Salesforce aspires to reach a <br />25% operating margin by 2025
