Salesforce Hiring 3,300 Employees After Layoffs, Targeting 'Boomerang' Workers
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Salesforce is hiring 3,300 new roles after laying off 10% of staff earlier this year. CEO Marc Benioff is focused on hiring "boomerang" employees who previously worked at Salesforce.
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Many new hires will be former Salesforce employees who left for other companies like Snowflake and Twilio. Benioff has been actively recruiting them back.
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The new hiring restores 40% of the roles cut during January layoffs. Layoffs were due to overhiring during the pandemic before the economy declined.
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A third of new hires will work on Salesforce's data cloud product. The company is betting on AI like Einstein GPT to boost growth.
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"Boomerang" employees returning to old employers is increasing across companies. Studies show over 40% of resigned staff regret quitting and attempt to return.