Salesforce To Add 12,000 Jobs

  • General
  • September 18, 2020
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  • 4 minutes read
Salesforce CEO Marc Benioff.

Photo credit: World Economic Forum / Valeriano Di Domenico, under Creative Commons license

Software giant Salesforce will add 12,000 new jobs from now through next year, as indicated by a tweet from the company’s CEO, Marc Benioff. As part of Salesforce’s plan, more than 4,000 jobs will be added over the next six months, a move that’ll boost the company’s total headcount to nearly 60,000. Salesforce currently has about 54,000 employees, a headcount that’s up over 40% compared to the previous year. Salesforce, though already big is still growing at a fast rate, with $17 billion in revenues last year, up 28% from the previous year. As the San Francisco-based software giant grows, it’s no surprise that the company is also looking to sizeably grow its workforce.

Compared to eight years ago, Salesforce’s annual revenues have grown by a whopping 640%. The company recently surpassed a $200 billion market capitalization for the first time ever, with its current market capitalization (as of writing) hovering at about $222 billion. Salesforce has cemented its place as a top 5 fastest-growing enterprise software company globally, with offices and personnel across the US, Canada, and many countries across the European, Asian, and Latin American regions.

Salesforce has come a long way from being founded in 1999 and taken public in 2004. As at the time of its public debut in 2004, Salesforce had a market capitalization of around $1 billion.

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