US tech giant Salesforce will reportedly lay off around 700 employees in the latest swathe of BigTech job cuts.

The industry hired heavily during the Covid-19 pandemic, but now companies ranging from Microsoft to Amazon have cut thousands of roles over the last 18 months.

According to a Wall Street Journal report, Salesforce will eliminate 700 roles, equating to around 1 per cent of its global workforce.

The report notes that while the company will make cuts, it is still hiring for 1,000 positions across the company, though it cites a source who says that the move is more of a routine adjusting of its workforce.

The company is yet to confirm the news.

In 2023, Salesforce cut around 10 per cent of its global workforce and closed a number of offices following a pandemic hiring spree. The company would later in the year announce plans to hire more than 3,000 new staff.

Last week, eBay announced plans to cut 9 per cent of its global workforce and Microsoft eliminated just shy of 2,000 staff from its gaming division.

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