The enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft IT integration tool, and Marketing Cloud software, according to Business Insider.

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

Salesforce filed a WARN notice for 86 layoffs hitting Agentforce and MuleSoft teams as CRM stock drops over 30% year-to-date, the worst in the Dow.