10:05 AM EST, 02/04/2025 (MT Newswires) -- Salesforce ( CRM ) is cutting over 1,000 jobs while simultaneously hiring workers to sell new artificial intelligence products, Bloomberg reported Tuesday, citing a person familiar with the matter.

Displaced workers will be able to apply for other jobs with the company, the person reportedly told Bloomberg.

Salesforce ( CRM ) did not immediately reply to a request for comment from MT Newswires.

Shares were edging 0.3% higher in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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