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A comment on Salesforce will lay off 10% of staff as part of restructuring.

Re:Salesforce will lay off 10% of staff as part of restructu... by willcipriano on Wednesday January 04, 2023 @10:25AM (#34246587)
Know what's odd to me? It seems like every company that did layoffs over the past 3 months overhired by 8% - 12% somehow. Why was it such a narrow range?
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Re:Salesforce will lay off 10% of staff as part of restructu... by David_Axelrod on Wednesday January 04, 2023 @10:35AM (#34246773)
Could be a harbinger of whats to come. Reminds me of this Sequoia graphic.

https://twitter.com/PanchalBrinda/status/852947043576426500/....

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Re:Salesforce will lay off 10% of staff as part of restructu... by xeromal on Wednesday January 04, 2023 @10:33AM (#34246741)
10% is about the number you can layoff without causing a route.
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Re:Salesforce will lay off 10% of staff as part of restructu... by cookieswumchorr on Wednesday January 04, 2023 @10:52AM (#34247006)
The Romans knew what they were doing :)
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Re:Salesforce will lay off 10% of staff as part of restructu... by siggen on Wednesday January 04, 2023 @11:09AM (#34247292)
Are you able to add a reference? I am curious about the mention of Romans. Thanks!
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Re:Salesforce will lay off 10% of staff as part of restructu... by xeromal on Wednesday January 04, 2023 @11:10AM (#34247309)
Decimate was how the romans culled a weak unit. They would kill 1 in 10.

https://en.wikipedia.org/wiki/Decimation_(punishment)

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Re:Salesforce will lay off 10% of staff as part of restructu... by xeromal on Wednesday January 04, 2023 @11:09AM (#34247296)
Wow, you're right. It's a decimation to the T. Hmmmm.
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Re:Salesforce will lay off 10% of staff as part of restructu... by tibbydudeza on Wednesday January 04, 2023 @02:58PM (#34250566)
There is also "Muskification" as seen at Twitter.
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Re:Salesforce will lay off 10% of staff as part of restructu... by fundad on Wednesday January 04, 2023 @11:18AM (#34247438)
No Collusion! But if I was hiring a lot to keep people from joining my competitors, I’d also pay attention to competitors’ layoffs and take the opportunity to soften the labor market.
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Re:Salesforce will lay off 10% of staff as part of restructu... by fugazithehaxoar on Wednesday January 04, 2023 @11:18AM (#34247442)
The "we over hired" line is mostly made up. Many of these companies did not substantially increase their head count. This has more to do with improving P&L numbers to get their stock up, since most companies' revenue is tanking currently.
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Re:Salesforce will lay off 10% of staff as part of restructu... by bushbaba on Wednesday January 04, 2023 @12:21PM (#34248472)
Didn’t Salesforce nearly double headcount since 2019 though?
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Re:Salesforce will lay off 10% of staff as part of restructu... by idkyall on Wednesday January 04, 2023 @02:38PM (#34250306)
Some sizable percentage of that is acquisitions as well though
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Re:Salesforce will lay off 10% of staff as part of restructu... by Espressosaurus on Wednesday January 04, 2023 @01:09PM (#34249157)
The big companies all seem to have massively hired up.

Meta: up 2x since 2019 (although coming back down)

Google: up 1.5x since 2019

Amazon: more than double (although not clear how much of that is tech workers vs. logistics. They have certainly spammed my inbox enough)

Salesforce: doubled

Numbers from Macrotrends, for example: https://www.macrotrends.net/stocks/charts/CRM/salesforce/num...

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Re:Salesforce will lay off 10% of staff as part of restructu... by ptmcc on Wednesday January 04, 2023 @01:59PM (#34249832)
Never let a good crisis go to waste. Everyone is seizing on the opportunity to clean house and cut costs while the macro narrative is bearish. Investors and shareholders are demanding it. The days of cheap money are coming to a close so just growing revenue is not enough, now these companies need to show profit.
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