Layoffs are often one of the first ways companies cut costs. But they don’t take them lightly because there’s a lot at stake, not least employee goodwill and public image.
Salesforce said this week it’s reducing office space and laying off about 10% of its workforce, after years of increasing employee headcount. Some analysts say this could be a sign of the company maturing.
A lot of people have been quitting their jobs ever since the pandemic started, thanks in part to the tight labor market. But lately, there are signs that job churn could be returning to its pre-pandemic level.
