Salesforce started notifying employees on Monday about layoffs taking place across the company.

The SaaS giant has been hit by concern that AI could replace some traditional software services.

Salesforce started notifying employees on Monday about layoffs taking place across the company.

The layoffs come after CEO Marc Benioff boasted of record revenue and 'incredible cashflow' two weeks ago

Salesforce has initiated another round of employee cuts, impacting teams working on Agentforce AI, Mulesoft integration tools, and Marketing Cloud software.