“As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that”
Marc Benioff takes responsibility for overhiring. About 10 percent of the staff take the actual consequences. The cuts come with $1.4 billion to $2.1 billion in charges, and US employees get about five months of pay. Taking responsibility, for a CEO, means writing the letter.