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Fortune
Fortune
Business
Tristan Bove

Salesforce cuts 10% of staff in layoffs as boss admits he 'hired too many people'

Marc Benioff pictured during an interview with Fox Business Network (Credit: Roy Rochlin—Getty Images)

The new year has only barely begun, but it’s already looking like the wave of tech layoffs that started last year is still going strong in 2023.

With recession fears mounting in the U.S., a big question heading into 2023 is how many companies are turning to layoffs to guard against an economic downturn.

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