Salesforce layoffs suggest ‘continued trimming’ to come for Big Tech: analyst

Salesforce layoffs suggest ‘continued trimming’ to come for Big Tech: analyst

The layoff axe swinging at Salesforce may be yet another sign that Big Tech still remains too bloated after years of aggressive hiring into a potential sharp 2023 economic slowdown.

“I think we will see more layoffs,” Independent Wealth Solutions Management portfolio manager Paul Meeks said on Yahoo Finance Live (video above), adding that “these companies have probably gotten fat over the years, so I expect continued trimming.”

Tree trimming contractors work to cut down a large tree stump along Crenshaw Boulevard in Inglewood, California  September 18, 2012.  REUTERS/Fred Prouser

Tree trimming contractors work to cut down a large tree stump…


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