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Feb 08, 2023 (The Expresswire) -- Latest "Salesforce Consulting Service Market" Size, Share and Trends Analysis Research Report 2023 - By Applications (Large Enterprises, SMEs), By Types (Online Service, Offline Service), By Segmentation analysis, Regions and Forecast to 2029. The Global Salesforce Consulting Service market Report provides In-depth analysis on the market status of the Salesforce Consulting Service Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe, the Salesforce Consulting Service Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions.

The MarketWatch News Department was not involved in the creation of this content.

The MarketWatch News Department was not involved in the creation of this content.

Jan 25, 2023 (The Expresswire) -- Salesforce Consulting Service Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2022, at unexpected CAGR during the forecast Period 2023-2029.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Salesforce Consulting Service Industry.

The MarketWatch News Department was not involved in the creation of this content.

Global Salesforce Consulting Service MarketNEW REPORT 2023 presents an exclusive overview of the current market situation and forecast till 2027. The analysis is perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, competition industry analysis and new opportunities available and trends within the Salesforce Consulting Service Market. Further, this report gives Salesforce Consulting Service Market size, exact trends, growth, share, development status, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potential in the given period of forecast. An exhaustive and professional study of the global Salesforce Consulting Service market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market.

The Global Salesforce Consulting Service Market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2027. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. Ask for trial Report

Salesforce Consulting Service Market research report offers New Insight updates on Business Strategies including Mergers, Acquisitions, Partnerships, R and D, Expansion Plans and Collaborations adopted by these Major Global Players, Revenue by Type (Online Service, Offline Service), Forecasted Market Size by Application (Large Enterprises, SMEs)

Global Salesforce Consulting Service Market Research Report 2023 is spread across124pages and provides Size, Share, Growth, and Forecast with exclusive vital statistics, data, information, trends, and competitive landscape details in this niche sector. The global Salesforce Consulting Service market size is segmented on the basis of application, end user, and region, with focus on manufacturers in different regions. The study has detailed the analysis of different factors that increase the industries growth. This study also provides the scope of different segments and applications that can potentially influence the industry in the future. Pricing analysis is covered in this report according to each type, manufacturer, regional analysis, price. Salesforce Consulting Service Market Share report provides overview of market value structure, cost drivers, various driving factors and analyze industry atmosphere, then studies global outline of industry size, demand, application, revenue, product, region and segments. In addition, this report introduces market competition situation among the distributers and manufacturers profile, besides, market value analysis and cost chain structure are covered in this report.

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Brief Description of Salesforce Consulting Service Market:

The Salesforce Consulting Service market has witnessed a growth from USD million to USD million from 2017 to 2022. With a CAGR , this market is estimated to reach USD million in 2029.

The report focuses on the Salesforce Consulting Service market size, segment size (mainly covering product type, application, and geography), competitor landscape, exact status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Salesforce Consulting Service market.

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TOP Manufactures in Salesforce Consulting Service Market are: –

• SevenPoints
• Couch and Associates
• Measured Results Marketing
• rackspace
• CLD Partners
• CS2 Marketing
• Cortex
• LeadMD
• Simplus
• Cloudsquare
• Keste
• Birlasoft
• Deloitte
• Uptima
• IBM
• ACCESS GLOBLAL GROUP INC
• Code Zero
• Changi Consulting
• A2B Apps
• Internet Creations
• Mountain Point
• Ad Victoriam Solutions
• Corrao Group
• Wipro
• Salesforce
• ATG Consulting
• RSM US
• Coastal Cloud
• Algoworks

Salesforce Consulting Service Market Forecast by regions, type and application, with sales and revenue, from 2021 to 2027. Salesforce Consulting Service Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.Salesforce Consulting Service Market Size report provides important information regarding the total valuation that this industry holds presently and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.This Report Focuses on the Salesforce Consulting Service Market manufacturers, to study the sales, value, market share and development plans in the future. It is Define, describe and forecast the Salesforce Consulting Service Market Growth by type, application, and region to Study the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. Know significant trends and factors driving or inhibiting the Salesforce Consulting Service Market growth opportunities in the market for stakeholders by identifying the high growth segments. Strategically it examines each submarket with respect to individual growth trend and their contribution to the Salesforce Consulting Service Market.

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Online Service
• Offline Service

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

The Global Salesforce Consulting Service Market Trends,development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.The global Salesforce Consulting Service Market Growth is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2027. In 2021, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

To Understand How COVID-19 Impact is Covered in This Report. Request trial copy of the report at – : https://www.marketreportsworld.com/enquiry/request-covid19/21212237

Salesforce Consulting Service Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered. Salesforce Consulting Service Market Report also mentions market share accrued by each product in the Salesforce Consulting Service market, along with the production growth.

Regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:

North America (Covered in Chapter 6 and 13)

Europe (Covered in Chapter 7 and 13)

Asia-Pacific (Covered in Chapter 8 and 13)

Middle East and Africa (Covered in Chapter 9 and 13)

South America (Covered in Chapter 10 and 13)

Key Benefits for Industry Participants and Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape and strategies of key players
• Potential and niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Salesforce Consulting Service Market

Chapters Included in Salesforce Consulting Service Market Report: –

Chapter 1 mainly defines the Salesforce Consulting Service market scope and introduces the macro overview of the industry, with an executive summary of different market segments ((by type, application, region, etc.), including the definition, market size, and trend of each market segment.

Chapter 2 provides a qualitative analysis of the current status and future trends of the market. Industry Entry Barriers, market drivers, market challenges, emerging markets, consumer preference analysis, together with the impact of the COVID-19 outbreak will all be thoroughly explained.

Chapter 3 analyzes the current competitive situation of the Salesforce Consulting Service market by providing data regarding the players, including their sales volume and revenue with corresponding market shares, price and gross margin. In addition, information about market concentration ratio, mergers, acquisitions, and expansion plans will also be covered.

Chapter 4 focuses on the regional market, presenting detailed data (i.e., sales volume, revenue, price, gross margin) of the most representative regions and countries in the world.

Chapter 5 provides the analysis of various market segments according to product types, covering sales volume, revenue market share and growth rate, plus the price analysis of each type.

Chapter 6 shows the breakdown data of different applications, including the consumption and revenue with market share and growth rate, with the aim of helping the readers to take a close-up look at the downstream market.

Chapter 7 provides a combination of quantitative and qualitative analyses of the market size and development trends in the next five years. The forecast information of the whole, as well as the breakdown market, offers the readers a chance to look into the future of the industry.

Chapter 8 is the analysis of the whole market industrial chain, covering key raw materials suppliers and price analysis, manufacturing cost structure analysis, alternative product analysis, also providing information on major distributors, downstream buyers, and the impact of the COVID-19 pandemic.

Chapter 9 shares a list of the key players in the market, together with their basic information, product profiles, market performance (i.e., sales volume, price, revenue, gross margin), exact development, SWOT analysis, etc.

Chapter 10 is the conclusion of the report which helps the readers, to sum up the main findings and points.

Chapter 11 introduces the Salesforce Consulting Service market research methods and data sources.

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Some of the Key Questions Answered in this Report:

• What is the Salesforce Consulting Service market size at the regional and country-level?
• What are the key drivers, restraints, opportunities, and challenges of the Salesforce Consulting Service market, and how they are expected to impact the market?
• What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value, production value, consumption value, import and export of Salesforce Consulting Service?
• Who are the global key manufacturers of the Salesforce Consulting Service Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
• What are the Salesforce Consulting Service market opportunities and threats faced by the vendors in the global Salesforce Consulting Service Industry?
• Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
• What focused approach and constraints are holding the Salesforce Consulting Service market?
• What are the different sales, marketing, and distribution channels in the global industry?
• What are the upstream raw materials and manufacturing equipment of Salesforce Consulting Service along with the manufacturing process of Salesforce Consulting Service?
• What are the key market trends impacting the growth of the Salesforce Consulting Service market?
• Economic impact on the Salesforce Consulting Service industry and development trend of the Salesforce Consulting Service industry.
• What are the Salesforce Consulting Service market opportunities, market risk, and market overview of the Salesforce Consulting Service market?

Detailed TOC of Global Salesforce Consulting Service Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries

1 Salesforce Consulting Service Market Overview
1.1 Product Overview and Scope of Salesforce Consulting Service Market
1.2 Salesforce Consulting Service Market Segment by Type
1.2.1 Global Salesforce Consulting Service Market Sales and CAGR (%) Comparison by Type (2017-2029)
1.3 Global Salesforce Consulting Service Market Segment by Application
1.3.1 Salesforce Consulting Service Market Consumption (Sales) Comparison by Application (2017-2029)
1.4 Global Salesforce Consulting Service Market, Region Wise (2017-2029)
1.4.1 Global Salesforce Consulting Service Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2029)
1.4.2 United States Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.4.3 Europe Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.4.4 China Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.4.5 Japan Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.4.6 India Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.4.7 Southeast Asia Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.4.8 Latin America Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.4.9 Middle East and Africa Salesforce Consulting Service Market Status and Prospect (2017-2029)
1.5 Global Market Size (Revenue) of Salesforce Consulting Service (2017-2029)
1.5.1 Global Salesforce Consulting Service Market Revenue Status and Outlook (2017-2029)
1.5.2 Global Salesforce Consulting Service Market Sales Status and Outlook (2017-2029)
1.6 Influence of Regional Conflicts on the Salesforce Consulting Service Industry
1.7 Impact of Carbon Neutrality on the Salesforce Consulting Service Industry

2 Salesforce Consulting Service Market Upstream and Downstream Analysis
2.1 Salesforce Consulting Service Industrial Chain Analysis
2.2 Key Raw Materials Suppliers and Price Analysis
2.3 Key Raw Materials Supply and Demand Analysis
2.4 Market Concentration Rate of Raw Materials
2.5 Manufacturing Process Analysis
2.6 Manufacturing Cost Structure Analysis
2.6.1 Labor Cost Analysis
2.6.2 Energy Costs Analysis
2.6.3 RandD Costs Analysis
2.7 Major Downstream Buyers of Salesforce Consulting Service Analysis
2.8 Impact of COVID-19 on the Industry Upstream and Downstream

3 Players Profiles
3.1 SevenPoints
3.1.1 SevenPoints Basic Information, Manufacturing Base, Sales Area and Competitors
3.1.2 Product Profiles, Application and Specification
3.1.3 Salesforce Consulting Service Market Performance (2017-2022)
3.1.4 Business Overview
3.2 Couch and Associates
3.2.1 Couch and Associates Basic Information, Manufacturing Base, Sales Area and Competitors
3.2.2 Product Profiles, Application and Specification
3.2.3 Salesforce Consulting Service Market Performance (2017-2022)
3.2.4 Business Overview
3.3 Measured Results Marketing
3.3.1 Measured Results Marketing Basic Information, Manufacturing Base, Sales Area and Competitors
3.3.2 Product Profiles, Application and Specification
3.3.3 Salesforce Consulting Service Market Performance (2017-2022)
3.3.4 Business Overview
3.4 rackspace
3.4.1 rackspace Basic Information, Manufacturing Base, Sales Area and Competitors
3.4.2 Product Profiles, Application and Specification
3.4.3 Salesforce Consulting Service Market Performance (2017-2022)
3.4.4 Business Overview
3.5 CLD Partners
3.5.1 CLD Partners Basic Information, Manufacturing Base, Sales Area and Competitors
3.5.2 Product Profiles, Application and Specification
3.5.3 Salesforce Consulting Service Market Performance (2017-2022)
3.5.4 Business Overview
3.6 CS2 Marketing
3.6.1 CS2 Marketing Basic Information, Manufacturing Base, Sales Area and Competitors
3.6.2 Product Profiles, Application and Specification
3.6.3 Salesforce Consulting Service Market Performance (2017-2022)
3.6.4 Business Overview
3.7 Cortex
3.7.1 Cortex Basic Information, Manufacturing Base, Sales Area and Competitors
3.7.2 Product Profiles, Application and Specification
3.7.3 Salesforce Consulting Service Market Performance (2017-2022)
3.7.4 Business Overview
3.8 LeadMD
3.8.1 LeadMD Basic Information, Manufacturing Base, Sales Area and Competitors
3.8.2 Product Profiles, Application and Specification
3.8.3 Salesforce Consulting Service Market Performance (2017-2022)
3.8.4 Business Overview
3.9 Simplus
3.9.1 Simplus Basic Information, Manufacturing Base, Sales Area and Competitors
3.9.2 Product Profiles, Application and Specification
3.9.3 Salesforce Consulting Service Market Performance (2017-2022)
3.9.4 Business Overview
3.10 Cloudsquare
3.10.1 Cloudsquare Basic Information, Manufacturing Base, Sales Area and Competitors
3.10.2 Product Profiles, Application and Specification
3.10.3 Salesforce Consulting Service Market Performance (2017-2022)
3.10.4 Business Overview
3.11 Keste
3.11.1 Keste Basic Information, Manufacturing Base, Sales Area and Competitors
3.11.2 Product Profiles, Application and Specification
3.11.3 Salesforce Consulting Service Market Performance (2017-2022)
3.11.4 Business Overview
3.12 Birlasoft
3.12.1 Birlasoft Basic Information, Manufacturing Base, Sales Area and Competitors
3.12.2 Product Profiles, Application and Specification
3.12.3 Salesforce Consulting Service Market Performance (2017-2022)
3.12.4 Business Overview
3.13 Deloitte
3.13.1 Deloitte Basic Information, Manufacturing Base, Sales Area and Competitors
3.13.2 Product Profiles, Application and Specification
3.13.3 Salesforce Consulting Service Market Performance (2017-2022)
3.13.4 Business Overview
3.14 Uptima
3.14.1 Uptima Basic Information, Manufacturing Base, Sales Area and Competitors
3.14.2 Product Profiles, Application and Specification
3.14.3 Salesforce Consulting Service Market Performance (2017-2022)
3.14.4 Business Overview
3.15 IBM
3.15.1 IBM Basic Information, Manufacturing Base, Sales Area and Competitors
3.15.2 Product Profiles, Application and Specification
3.15.3 Salesforce Consulting Service Market Performance (2017-2022)
3.15.4 Business Overview
3.16 ACCESS GLOBLAL GROUP INC
3.16.1 ACCESS GLOBLAL GROUP INC Basic Information, Manufacturing Base, Sales Area and Competitors
3.16.2 Product Profiles, Application and Specification
3.16.3 Salesforce Consulting Service Market Performance (2017-2022)
3.16.4 Business Overview
3.17 Code Zero
3.17.1 Code Zero Basic Information, Manufacturing Base, Sales Area and Competitors
3.17.2 Product Profiles, Application and Specification
3.17.3 Salesforce Consulting Service Market Performance (2017-2022)
3.17.4 Business Overview
3.18 Changi Consulting
3.18.1 Changi Consulting Basic Information, Manufacturing Base, Sales Area and Competitors
3.18.2 Product Profiles, Application and Specification
3.18.3 Salesforce Consulting Service Market Performance (2017-2022)
3.18.4 Business Overview
3.19 A2B Apps
3.19.1 A2B Apps Basic Information, Manufacturing Base, Sales Area and Competitors
3.19.2 Product Profiles, Application and Specification
3.19.3 Salesforce Consulting Service Market Performance (2017-2022)
3.19.4 Business Overview
3.20 Internet Creations
3.20.1 Internet Creations Basic Information, Manufacturing Base, Sales Area and Competitors
3.20.2 Product Profiles, Application and Specification
3.20.3 Salesforce Consulting Service Market Performance (2017-2022)
3.20.4 Business Overview
3.21 Mountain Point
3.21.1 Mountain Point Basic Information, Manufacturing Base, Sales Area and Competitors
3.21.2 Product Profiles, Application and Specification
3.21.3 Salesforce Consulting Service Market Performance (2017-2022)
3.21.4 Business Overview
3.22 Ad Victoriam Solutions
3.22.1 Ad Victoriam Solutions Basic Information, Manufacturing Base, Sales Area and Competitors
3.22.2 Product Profiles, Application and Specification
3.22.3 Salesforce Consulting Service Market Performance (2017-2022)
3.22.4 Business Overview
3.23 Corrao Group
3.23.1 Corrao Group Basic Information, Manufacturing Base, Sales Area and Competitors
3.23.2 Product Profiles, Application and Specification
3.23.3 Salesforce Consulting Service Market Performance (2017-2022)
3.23.4 Business Overview
3.24 Wipro
3.24.1 Wipro Basic Information, Manufacturing Base, Sales Area and Competitors
3.24.2 Product Profiles, Application and Specification
3.24.3 Salesforce Consulting Service Market Performance (2017-2022)
3.24.4 Business Overview
3.25 Salesforce
3.25.1 Salesforce Basic Information, Manufacturing Base, Sales Area and Competitors
3.25.2 Product Profiles, Application and Specification
3.25.3 Salesforce Consulting Service Market Performance (2017-2022)
3.25.4 Business Overview
3.26 ATG Consulting
3.26.1 ATG Consulting Basic Information, Manufacturing Base, Sales Area and Competitors
3.26.2 Product Profiles, Application and Specification
3.26.3 Salesforce Consulting Service Market Performance (2017-2022)
3.26.4 Business Overview
3.27 RSM US
3.27.1 RSM US Basic Information, Manufacturing Base, Sales Area and Competitors
3.27.2 Product Profiles, Application and Specification
3.27.3 Salesforce Consulting Service Market Performance (2017-2022)
3.27.4 Business Overview
3.28 Coastal Cloud
3.28.1 Coastal Cloud Basic Information, Manufacturing Base, Sales Area and Competitors
3.28.2 Product Profiles, Application and Specification
3.28.3 Salesforce Consulting Service Market Performance (2017-2022)
3.28.4 Business Overview
3.29 Algoworks
3.29.1 Algoworks Basic Information, Manufacturing Base, Sales Area and Competitors
3.29.2 Product Profiles, Application and Specification
3.29.3 Salesforce Consulting Service Market Performance (2017-2022)
3.29.4 Business Overview

4 Global Salesforce Consulting Service Market Landscape by Player
4.1 Global Salesforce Consulting Service Sales and Share by Player (2017-2022)
4.2 Global Salesforce Consulting Service Revenue and Market Share by Player (2017-2022)
4.3 Global Salesforce Consulting Service Average Price by Player (2017-2022)
4.4 Global Salesforce Consulting Service Gross Margin by Player (2017-2022)
4.5 Salesforce Consulting Service Market Competitive Situation and Trends
4.5.1 Salesforce Consulting Service Market Concentration Rate
4.5.2 Salesforce Consulting Service Market Share of Top 3 and Top 6 Players
4.5.3 Mergers and Acquisitions, Expansion

5 Global Salesforce Consulting Service Sales, Revenue, Price Trend by Type
5.1 Global Salesforce Consulting Service Sales and Market Share by Type (2017-2022)
5.2 Global Salesforce Consulting Service Revenue and Market Share by Type (2017-2022)
5.3 Global Salesforce Consulting Service Price by Type (2017-2022)
5.4 Global Salesforce Consulting Service Sales, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Salesforce Consulting Service Sales, Revenue and Growth Rate of Online Service (2017-2022)
5.4.2 Global Salesforce Consulting Service Sales, Revenue and Growth Rate of Offline Service (2017-2022)

6 Global Salesforce Consulting Service Market Analysis by Application
6.1 Global Salesforce Consulting Service Consumption and Market Share by Application (2017-2022)
6.2 Global Salesforce Consulting Service Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Salesforce Consulting Service Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Salesforce Consulting Service Consumption and Growth Rate of Large Enterprises (2017-2022)
6.3.2 Global Salesforce Consulting Service Consumption and Growth Rate of SMEs (2017-2022)

7 Global Salesforce Consulting Service Sales and Revenue Region Wise (2017-2022)
7.1 Global Salesforce Consulting Service Sales and Market Share, Region Wise (2017-2022)
7.2 Global Salesforce Consulting Service Revenue and Market Share, Region Wise (2017-2022)
7.3 Global Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.4 United States Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.4.1 United States Salesforce Consulting Service Market Under COVID-19
7.5 Europe Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.5.1 Europe Salesforce Consulting Service Market Under COVID-19
7.6 China Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.6.1 China Salesforce Consulting Service Market Under COVID-19
7.7 Japan Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.7.1 Japan Salesforce Consulting Service Market Under COVID-19
7.8 India Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.8.1 India Salesforce Consulting Service Market Under COVID-19
7.9 Southeast Asia Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.9.1 Southeast Asia Salesforce Consulting Service Market Under COVID-19
7.10 Latin America Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.10.1 Latin America Salesforce Consulting Service Market Under COVID-19
7.11 Middle East and Africa Salesforce Consulting Service Sales, Revenue, Price and Gross Margin (2017-2022)
7.11.1 Middle East and Africa Salesforce Consulting Service Market Under COVID-19

8 Global Salesforce Consulting Service Market Forecast (2022-2029)
8.1 Global Salesforce Consulting Service Sales, Revenue Forecast (2022-2029)
8.1.1 Global Salesforce Consulting Service Sales and Growth Rate Forecast (2022-2029)
8.1.2 Global Salesforce Consulting Service Revenue and Growth Rate Forecast (2022-2029)
8.1.3 Global Salesforce Consulting Service Price and Trend Forecast (2022-2029)
8.2 Global Salesforce Consulting Service Sales and Revenue Forecast, Region Wise (2022-2029)
8.2.1 United States Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.2.2 Europe Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.2.3 China Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.2.4 Japan Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.2.5 India Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.2.6 Southeast Asia Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.2.7 Latin America Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.2.8 Middle East and Africa Salesforce Consulting Service Sales and Revenue Forecast (2022-2029)
8.3 Global Salesforce Consulting Service Sales, Revenue and Price Forecast by Type (2022-2029)
8.3.1 Global Salesforce Consulting Service Revenue and Growth Rate of Online Service (2022-2029)
8.3.2 Global Salesforce Consulting Service Revenue and Growth Rate of Offline Service (2022-2029)
8.4 Global Salesforce Consulting Service Consumption Forecast by Application (2022-2029)
8.4.1 Global Salesforce Consulting Service Consumption Value and Growth Rate of Large Enterprises (2022-2029)
8.4.2 Global Salesforce Consulting Service Consumption Value and Growth Rate of SMEs (2022-2029)
8.5 Salesforce Consulting Service Market Forecast Under COVID-19

9 Industry Outlook
9.1 Salesforce Consulting Service Market Drivers Analysis
9.2 Salesforce Consulting Service Market Restraints and Challenges
9.3 Salesforce Consulting Service Market Opportunities Analysis
9.4 Emerging Market Trends
9.5 Salesforce Consulting Service Industry Technology Status and Trends
9.6 News of Product Release
9.7 Consumer Preference Analysis
9.8 Salesforce Consulting Service Industry Development Trends under COVID-19 Outbreak
9.8.1 Global COVID-19 Status Overview
9.8.2 Influence of COVID-19 Outbreak on Salesforce Consulting Service Industry Development

10 Research Findings and Conclusion

11 Appendix
11.1 Methodology
11.2 Research Data Source
 

……Continued

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To view the original version on The Express Wire visit Salesforce Consulting Service Market Size 2023 Future Growth Factors, Top Industry Players, CAGR Value, Top Manufacturers Share and Forecast 2028

Salesforce is looking at new ways to cut costs as activist investors continue to put pressure on the company. Today, Insider was reporting that the company is implementing much stricter performance measurements for engineering, with some salespeople being put under pressure to quit or succumb to harsh performance policies of their own. This is consistent with what sources have been telling TechCrunch.

This could include performance reviews based on the quantity of code produced for engineers, a flawed way to measure engineering productivity, which encourages quantity over quality. While salespeople are being put between a rock and a hard place, being asked to choose between signing a strict one-month performance improvement plan or taking an exit package.

When asked about this, Salesforce responded with this comment: “Our performance management process drives accountability and rewards excellence.” The company did not elaborate or answer follow-up questions regarding the timing or details of this policy.

TechCrunch has also been hearing that the company is mandating a return to the office, and according to a Salesforce spokesperson, it’s now up to the managers to decide. “Our hybrid approach empowers leaders to make decisions for their teams about which jobs need to be in the office or remote.”

That’s an interesting attitude shift for a company has been promoting the idea of the “all digital, work-from-anywhere workplace” since the pandemic hit in 2020, something they call the Digital HQ. It’s a big part of why the CRM leader spent almost $28 billion to buy Slack in 2020.

But neither is it surprising since CEO and chair Marc Benioff practically telegraphed this at the end of last year, suggesting that folks working from home weren’t as productive.

All of this is probably related to the fact that activist investors -- including Elliott Management, Starboard Value, ValueAct and Inclusive Capital -- have been circling the company, undoubtedly putting tons of pressure on Benioff to increase productivity and cut costs. These firms are a big part of the reason Salesforce announced that it was cutting 10% of its workforce in January, a process that has been handled badly with layoff notices coming in dribs and drabs, leaving workers anxious and uncertain.

Story continues

Ray Wang, founder and principal analyst at Constellation Research, blames Boston Consulting Group, which he says was brought in at the behest of the activists to deal with the cuts and implement new performance review policies. “From what we know, BCG made some significant recommendations on how salespeople and developers should be measured to Excellerate productivity,” Wang told TechCrunch. Update: BCG denies being responsible for the performance review policies.

Wang says that whether you think this approach is a good idea or not depends on your perspective. “If I was an investor, I would advocate for this approach, but if I was the owner-founder, I would want something less harsh and more nuanced,” he said.

Wang isn’t a fan of how the activists have handled this, calling them “vulture firms.” While he does agree with their assertion that Salesforce overpaid for bad acquisitions, he believes these firms lack an understanding of how to run a company like Salesforce, and they are ultimately doing more harm than good.

“The vulture firms do not have a good understanding of the investment levels in R&D that are needed for innovation to continue, nor did they understand what level of marketing spend Salesforce needs to remain top of mind for execs,” Wang said.

“They don’t add any value. They come in to just make money on the arbitrage and they leave the firms more damaged than when they were before they were taken over,” he said.

InVisory is the first data-driven advisory marketplace that matches customer requirements to Salesforce AppExchange offerings  

NEW YORK, Feb. 1, 2023 /PRNewswire/ -- InVisory, the cloud advisory marketplace for Salesforce AppExchange, today announced it has acquired GTM Guides, a Salesforce ecosystem success company. The terms of the deal were not disclosed. The acquisition enhances InVisory's ability to help Salesforce Independent Software Vendors (ISVs) and certified consulting firms increase their lead generation, strategic partnerships, brand awareness, and better align with target customers. InVisory has more than 4,000 monthly active users and more than 20 ISVs and consulting firm customers since its product launched 120 days ago. Patrick Cronan founded InVisory in January 2022, with a $2 million dollar personal investment. He hired co-founder Nish Mishra in June 2022, and the team has grown to 13 members since the company began. InVisory projects revenue to exceed $7 million in annual recurring revenue (ARR) in 2023.

Learn more about InVisory: https://home.invisory.co/

And, sign up for a free profile to see how the top apps and services firms score with the InVisory algorithm: app.invisory.co/register/salesforce-user

"With thousands of ISV and consulting firms in AppExchange, we've built the first centralized hub where Salesforce customers can quickly and confidently find the best partner based on mission-critical priorities," said Cronan, CEO of InVisory. "With GTM Guides, we're addressing the need to help AppExchange vendors connect with customers based on buyer intent and specific requirements."

InVisory has built an entirely data-driven algorithm for scoring ISVs and consulting firms from the Salesforce ecosystem and is the only cloud advisory marketplace that is 100% objective. It differs from traditional SaaS and services vendor research, which is cumbersome and prone to commercial influence or technology showcase portals that offer a scoring system based solely on reviews.

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InVisory eliminates time-consuming and inaccurate vendor searches forever. Salesforce end-users simply provide InVisory with exactly what they need -- apps or services. The platform analyzes structured data on feature and capability parameters and acts as a customer-to-vendor matchmaking guide to speed up the RFP short-list process. For vendors, it provides the most granular buyer intent data on the market to increase lead generation with highly relevant target customers.

Today, AppExchange vendors invest considerable time, money, and resources to list solutions and hope that once there, the channel will dramatically increase growth. The reality is it's not that simple. GTM Guides addresses this by helping Salesforce ecosystem vendors better engage and represent themselves by highlighting strengths and expertise that align with the needs of potential customers. InVisory will integrate and automate the GTM Guides deliverables to help existing and new customers achieve higher ROI for the business.

Mike Davis, founder of GTM Guides, will join InVisory as chief revenue officer (CRO), and Sienna Quirk will serve as VP of Marketing. "GTM Guides is a perfect fit for InVisory as we bring more than 70 customer-facing and partner-facing templates to help product marketing and alliance teams drive top-line growth more effectively and efficiently," said Davis. "Coming together with InVisory enables us to serve more clients and continue to innovate to help ISVs become great companies in the Salesforce ecosystem."

About InVisory

InVisory is a cloud advisory marketplace for the Salesforce AppExchange. It harnesses data analytics to quickly and objectively identify the best ISVs and consulting firms for Salesforce end-users based on precise requirements. For AppExchange vendors, it increases business value by improving lead generation, brand awareness, competitive intelligence, and go-to-market strategies. InVisory plans to expand its data-driven advisory marketplace model to other ecosystems in the future. For more information, please visit www.invisory.co.

PR Contact 
Olivia Heel
oheel@catapultpr-ir.com 
303-581-7760

View original content:https://www.prnewswire.com/news-releases/invisory-acquires-gtm-guides-to-help-salesforces-7-000-isv-and-certified-consulting-firms-better-connect-with-appexchange-customers-301735823.html

SOURCE InVisory

Vancouver software startup Traction Complete began as one of Traction on Demand’s first products. In 2019, it became one of a handful of spinoff companies from Traction on Demand.

Under the shadow of Traction on Demand, Traction Complete has quietly grown to serve hundreds of clients, helping Asana, Cisco, Coveo, DocuSign, and Zendesk sell better with Salesforce.

“We are fortunate to have a bunch of great customers, but most of the world has never heard of us.”
-David Nelson, Traction Complete

When Salesforce acquired Traction on Demand’s Salesforce consulting business in early 2022, Traction on Demand’s tech spinouts, including Traction Complete, were not part of the deal.

Now, armed with $6.7 million CAD ($5 million USD) in Series A financing, a trio of products, and a roster of big-name clients, Traction Complete is ready for the spotlight, as the company gears up for growth as an independent firm.

“We are fortunate to have a bunch of great customers, but most of the world has never heard of us,” Traction Complete CEO David Nelson told BetaKit in an interview.

“The idea is to throw some fuel on the fire, grow faster, try and capture market share … continue with the roadmap that we have for the business, [and] let the world know that we exist,” said Nelson.

The startup’s all-equity, all-primary Series A round, which closed in late 2022, was led by Vancouver-based Pender Ventures and San Francisco’s Thomvest, with support from other undisclosed investors.

Though this marks the first time Traction Complete has raised its own capital, this round does not represent the firm’s first outside investment: Salesforce Ventures has previously put money into the company, joining a Traction Complete cap table that also includes other ex-Traction on Demand employees.

RELATED: Salesforce to acquire Traction on Demand

Traction Complete provides Salesforce apps designed to help organizations make sense of their data and automate sales and marketing-related processes. The startup currently offers three revenue operations products, focused on data cleanup, account hierarchies, and matching and routing, respectively.

“We believe that data can be this incredible instruction set for businesses if done properly,” said Nelson. “And so we’ve been on this mission to help reduce data complexity, trying to automate as much as possible.”

Founded in 2007 by Greg Malpass, Traction on Demand was a dedicated Salesforce consulting and application development firm that has since been folded into Salesforce. Nelson first joined Traction on Demand in 2013, after Malpass brought him in the help “catalogue” Traction on Demand’s intellectual property and figure out what the company could bring to market as a product.

Traction Complete started as one of Traction on Demand’s first products. It is one of a handful of spinoffs that Traction on Demand has created from its Salesforce products, a group that also includes Uncommon Purpose, Traction Guest, and Traction Rec, which has also recently received investment from Pender.

Nelson served as Traction Complete’s managing director from 2017 until early 2022—when he became CEO—helping incorporate the company in 2019 as a wholly-owned subsidiary of Traction on Demand. Traction Guest was also sold off during this time.

RELATED: Salesforce layoffs show Canadian employees caught in ongoing Big Tech cuts

When Salesforce snapped up Traction on Demand’s Salesforce consulting business last year, the British Columbia tech firm kept its spin-off companies out of the deal.

While Traction Complete operated independently prior to the Salesforce acquisition, Nelson said that with its exact capital raise, the startup is now “truly independent.”

“This round of funding really solidified that, because now there’s a separate independent board, separate shareholders,” said Nelson.

According to Nelson, Traction Complete first began fundraising for this round in 2021, during what was a particularly favourable startup funding environment. When Salesforce’s Traction on Demand acquisition offer came across the table, Traction Complete put those plans on the “backburner” before resuming the process amid much more challenging market conditions.

Despite this, Nelson said the startup faced few headwinds, which the CEO chalked up to the fact that it first began building relationships with investors in 2021, and was able to demonstrate growth in the meantime. “I think it made it a lot easier than perhaps it could have been if you’re just starting cold right now in these very uncertain times,” he added.

“There’s just so much more that we want to accomplish.”
-David Nelson, Traction Complete

Pender managing partner Maria Pacella noted that Traction Complete aligns with Pender’s “investment thesis of enterprise systems of insight and workforce empowerment.”

“We couldn’t be more excited to partner with the team on their journey to “rev-up” RevOps and empower sales teams worldwide,” Pacella added.

Pender, which has also invested in Traction Rec, focuses specifically on B2B software and healthtech startups. The Vancouver VC firm has been staffing up recently as it raises its second fund, for which it has set a $100 million CAD target.

Traction Complete plans to invest its Series A capital in hiring and product development, as the company looks to build out more sales and marketing data-related capabilities for its customers.

While its former parent company exited to Salesforce, Nelson noted that Traction Complete isn’t just looking to be acquired. “If we had wanted to do that, we could have packaged up the [Traction on Demand] product companies in the [Salesforce] acquisition last year.”

“There’s just so much more that we want to accomplish,” the CEO added.

With files from Meagan Simpson.

Feature image courtesy Traction Complete.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

SAN FRANCISCO: Layoffs that began in 2022 are accelerating across much of the technology world.

The tech industry is slashing jobs at a pace nearing the early days of the Covid-19 pandemic. In November, the most exact month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of the year, according to consulting firm Challenger, Gray & Christmas Inc. It was the highest monthly total for the industry since the firm started keeping data in 2000.

More recently, tech giants such as Amazon.com Inc and Microsoft Corp have announced plans for deeper cuts. And a number of companies are reckoning with volatile cryptocurrency markets or a sudden slump in demand.

Microsoft
Microsoft Corp said Wednesday it will cut 10,000 jobs this year, or about 5% of its workforce, which will result in a $1.2 billion charge in the fiscal second quarter. Chief Executive Officer Satya Nadella said in a blog post and internal email to employees that the company will continue to hire in “key strategic areas.” Nadella, speaking at the World Economic Forum in Davos, Switzerland, said the tech industry needs to adjust to the broader economic slowdown.

Meta
The Facebook parent is cutting 11,000 jobs, the first major round of layoffs in the social-media company’s history. Meta’s stock has plunged in the past year, and the company is trying to pare costs following several quarters of disappointing earnings and a slide in revenue. The reductions equal about 13% of the workforce, and Meta will extend its hiring freeze through the first quarter.

“I want to take accountability for these decisions and for how we got here,” CEO Mark Zuckerberg said in the statement. “I know this is tough for everyone, and I’m especially sorry to those impacted.”

Adobe
Adobe Inc has eliminated about 100 jobs, concentrated in sales. The company shifted some employees to other roles internally.

Amazon
The e-commerce titan is laying off 18,000 employees, Chief Executive Officer Andy Jassy announced on Jan. 4. The cuts, which started last year, were initially expected to affect about 10,000 jobs.

“Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,” Jassy said. “These changes will help us pursue our long-term opportunities with a stronger cost structure.”

In November, Amazon halted “new incremental” hiring across its corporate workforce.

Apple
The iPhone maker has paused hiring for many jobs outside of research and development, an escalation of its plan to reduce budgets heading in the new year, according to people with knowledge of the matter. The break generally doesn’t apply to teams working on future devices and long-term initiatives, but it affects some corporate functions and standard hardware and software engineering roles.

Chime
The digital-banking startup Chime Financial Inc is cutting 12% of its staff, or 160 people. A spokesperson said the company remains well-capitalized and the move will position it for “sustained success.”

Cisco
Cisco Systems Inc is beginning a restructuring plan that will affect about 5% of employees. The company says it will incur pretax charges of about $600 million for severance, termination and other costs. The employees will be given a chance to move to other jobs within the company, Chief Financial Officer Scott Herren said in an interview.

“This is not about reducing our workforce — in fact we’ll have roughly the same number of employees at the end of this fiscal year as we had when we started,” Herren said. Cisco had more than 83,000 employees as of July 30.

Coinbase
Coinbase Global Inc is eliminating 60 positions as the cryptocurrency market slumps. The crypto exchange announced in June it would lay off 18% of its workforce, or roughly 1,200 employees.

Dapper Labs
Dapper Labs Inc founder and CEO Roham Gharegozlou said in a letter to employees that the company had laid off 22% of its staff. He cited macroeconomic conditions and operational challenges stemming from the company’s rapid growth. Dapper Labs created the NBA Top Shot marketplace for nonfungible tokens, a digital asset class that has seen a steep drop in demand since the crypto market downturn.

Digital Currency Group
Cryptocurrency conglomerate Digital Currency Group embarked on a exact restructuring that saw about 10 employees exit the company. As part of the shake-up, Mark Murphy was promoted to president from chief operating officer.

DoorDash
DoorDash Inc is cutting about 1,250 jobs, acknowledging that its rapid expansion during the pandemic has led to mounting losses. The cuts will affect about 6% of the company’s workforce, a mix of US and non-US based staff, according to reporting by Bloomberg.

“While our business continues to grow fast, given how quickly we hired, our operating expenses — if left unabated — would continue to outgrow our revenue,” CEO Tony Xu wrote in a letter to staff.

Galaxy Digital
Galaxy Digital Holdings Ltd., the crypto financial services firm founded by billionaire Michael Novogratz, is considering eliminating as much as 20% of its workforce. The plan may still be changed and the final number could be in a range of 15% to 20%, according to people familiar with the matter. Galaxy’s shares have plummeted more than 80% in the past year, part of a rout for cryptocurrencies.

Genesis
Genesis Global Trading Inc has laid off 60 employees in its latest round of job cuts, or about 30% of the crypto brokerage’s workforce. The company now has 145 employees remaining.

HP
HP Inc will cut as many as 6,000 jobs over the next three years as declining demand for personal computers cuts into profits. In addition to reducing its workforce by about 10%, the company will reduce its real estate footprint.

Intel
Intel Corp is cutting jobs and slowing spending on new plants in an effort to save $3 billion, the chipmaker said. The hope is to save as much as $10 billion by 2025, a plan that went over well with investors, who sent the shares up more than 10% on Oct. 28. Bloomberg News reported earlier that the headcount reduction could number in the thousands.

Kraken
The crypto exchange Kraken is laying off 30% of its workforce as the fallout from the digit-asset market meltdown worsens. The cuts account for about 1,100 people.

Lyft
Lyft Inc’s cost-saving efforts include divesting its vehicle service business. It’s eliminating 13% of staff, or about 683 people. The company had already said it would freeze hiring in the US until at least the new year. It’s now facing even stiffer headwinds.

“We are not immune to the realities of inflation and a slowing economy,” co-founders John Zimmer and Logan Green said in a memo. “We need 2023 to be a period where we can better execute without having to change plans in response to external events — and the tough reality is that today’s actions set us up to do that.”

Opendoor
Opendoor Technologies Inc said that it’s laying off about 550 employees — roughly 18% of its headcount. The company, which practices a data-driven spin on home-flipping called iBuying, is coping with slowing housing demand because of higher mortgage rates.

Peloton
Peloton Interactive Inc laid off 500 employees globally, or about 12% of the workforce, in October. It was the fourth time the company has cut staff over the past year. Along with other expense reduction measures, Peloton said the move will help it reach the break-even point on cash flow by the end of fiscal 2023.

“I know many of you will feel angry, frustrated and emotionally drained by today’s news, but please know this is a necessary step if we are going to save Peloton, and we are,” CEO Barry McCarthy said in an October memo. “Our goal is to control our own destiny and assure the future viability of the business.”

Plaid
Plaid Inc cut 260 staffers to reduce costs. The fintech company will provide 16 weeks of severance and accelerate equity grants for some employees, CEO Zach Perret said in a memo to staffers.

Qualcomm
Qualcomm Inc said that it’s frozen hiring in response to a faster-than-feared decline in demand for phones, which use its chips. It now expects smartphone shipments to decline in the double-digit percent range this year, worse than the outlook it gave earlier.

Salesforce
Salesforce will cut about 10% of its workforce and reduce its real estate holdings, according to a regulatory filing on Jan. 4. CEO Marc Benioff said in a letter to employees, “We hired too many people” during the pandemic. The software company had about 80,000 employees. The cutbacks included staff at Slack, Tableau and Mulesoft, businesses that Salesforce acquired in exact years.

Seagate
Seagate Technology Holdings Plc, the biggest maker of computer hard drives, said that it’s paring about 3,000 jobs. Computer suppliers, including Seagate and Intel, have been hard hit by a slowdown in hardware spending. Customers are sitting on a pile of extra inventory, hurting orders and weighing on Seagate’s financial performance, CEO Dave Mosley said. That necessitated cuts. “We have taken quick and decisive actions to respond to current market conditions and enhance long-term profitability,” he said.

Silvergate
Silvergate Capital Corp., a crypto bank, said it is firing 40% of its staff after customers withdrew $8.1 billion worth of digital assets during the fourth quarter.

Stitch Fix
Stitch Fix Inc will cut about 20% of salaried employees as the personal-styling platform struggles to maintain the sales growth it saw during the pandemic. The company will also close its Salt Lake City distribution center.

Stripe
Payments company Stripe Inc, one of the world’s most valuable startups, is cutting more than 1,000 jobs. The 14% staff reduction will return its headcount to almost 7,000 — its total in February. Co-founders Patrick and John Collison told staff that they need to trim expenses more broadly as they prepare for “leaner times.”

Twitter
The upheaval at Twitter has more to do with its exact buyout — and the accompanying debt — than economic concerns. But the company has suffered some of the deepest cuts of its peers right now. Elon Musk, who bought Twitter for $44 billion, eliminated about 3,700 jobs by email. Musk also reversed the company’s work-from-anywhere policy, asking remaining employees to report to offices.

“Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted on November 4.

Upstart
Upstart Holdings Inc, an online lending platform, said in a regulatory filing it cut 140 hourly employees “given the challenging economy and reduction in the volume of loans on our platform.”

Vimeo
Vimeo Inc announced it will cut 11% of its global full-time workforce, according to a January 4 regulatory filing.

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© Provided by The Associated Press FILE - This April 18, 2019, file photo shows a sign for Zoom Video Communications ahead of the company's Nasdaq IPO in New York. The video-conferencing service is cutting about 1,300 jobs, or approximately 15% of its workforce. CEO Eric Yuan said in a blog post Tuesday, Feb. 7, 2023, that the company ramped up staffing during the COVID-19 pandemic, when businesses became increasingly reliant on its service as people worked from home. Yuan said Zoom grew three times in size within 24 months to manage demand. (AP Photo/Mark Lennihan, File)

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month. The computer maker Dell said Monday that it's cutting about 6,600 jobs. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. However, even with all of the layoffs announced this year, most tech companies are still vastly larger than they were three years ago. Here’s a look at some of the companies that have announced layoffs so far.

© Provided by The Associated Press Operarios montan un cartel publicitario de Google en el Centro de Convenciones de Las Vegas antes de la feria tecnológica CES, el 2 de enero de 2023, en Las Vegas. (AP Foto/John Locher)

February 2023

Zoom: The video-conferencing service is cutting about 1,300 jobs, or approximately 15% of its workforce.

CEO Eric Yuan said in a blog post Tuesday that the company ramped up staffing during the COVID-19 pandemic, when businesses became increasingly reliant on its service as people worked from home. Yuan said Zoom grew three times in size within 24 months to manage demand.

© Provided by The Associated Press FILE - This July 3, 2014, file photo, shows the Microsoft Corp. logo outside the Microsoft Visitor Center in Redmond, Wash. In just the past month of Jan. 2023, there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. (AP Photo Ted S. Warren, File)

The executive said that businesses continue to depend on its service post-pandemic but that adjustments are needed.

“The uncertainty of the global economy, and its effect on our customers, means we need to take a hard – yet important – look inward to reset ourselves so we can weather the economic environment, deliver for our customers and achieve Zoom’s long-term vision,” he wrote.

© Provided by The Associated Press FILE - In this April 30, 2020, file photo, a Lyft ride-hailing vehicle sit sunused in a lot near Empower Field at Mile High in Denver. In just the past month of Jan. 2023, there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. (AP Photo/David Zalubowski, File)

Yuan said he was also lowering his salary for the coming fiscal year by 98% and foregoing his 2023 corporate bonus, saying he was accountable for mistakes made at the San Jose, California-based company and the actions being taken. Yuan's executive leadership team is also reducing their base salaries by 20% for the coming fiscal year and forfeiting their 2023 corporate bonuses.

© Provided by The Associated Press FILE - In this Oct. 20, 2015 file photo is signage outside Google headquarters in Mountain View, Calif. In just the past month of Jan. 2023, there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. (AP Photo/Marcio Jose Sanchez, File)

Dell: The computer maker reduced its payroll by 5%, or about 6,600 jobs, saying that the steps it's taken to stay ahead of eroding market conditions are no longer enough. Profits have slipped over the past two quarters at the company, which employed about 133,000 people at the start of last year. The largest drop-off ever in PC deliveries was recorded last year after a surge in purchases during the pandemic. Dell's shipments dropped 16%.

January 2023

Amazon: The e-commerce company said it must cut about 18,000 positions. That’s just a fraction of its 1.5 million-strong global workforce.

Salesforce: The company lays off 10% of its workforce, about 8,000 employees.

Coinbase: The cryptocurrency trading platform cuts approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year.

Microsoft: The software company said it will cut about 10,000 jobs, almost 5% of its workforce.

Google: The search engine giant becomes the most exact in the industry to say it must adjust, saying 12,000 workers, or about 6% of its workforce, would be let go.

© Provided by The Associated Press FILE - A receptionist works in the lobby of the building that houses the Twitter office in New York, Wednesday, Oct. 26, 2022. In just the past month of Jan. 2023, there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. (AP Photo/Mary Altaffer, File)

Spotify: The music streaming service is cutting 6% of its global workforce. It did not provide a specific number of job losses. Spotify reported in its latest annual report that it had about 6,600 employees, which implies that 400 jobs are being axed.

© Provided by The Associated Press FILE - Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York's Times Square, Wednesday, April 14, 2021. In just the past month of Jan. 2023, there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. (AP Photo/Richard Drew, File)

SAP: Germany-based SAP, Europe’s biggest software company, said it it cutting up to 3,000 jobs worldwide, or about 2.5% of its workforce, after a shop drop in profits.

PayPal: The digital payments company says it will trim about 7% of its total workforce, or about 2,000 full-time workers, as it contends with a challenging environment.

IBM: Profits fell in the most exact quarter at the technology and consulting company, but it said the 3,900 job cuts announced in late January were due to earlier sale of parts of its business. IBM sold its health care data business last year and in 2021, it spun off its legacy tech division in 2021.

November 2022

Twitter: About half of the social media platform’s staff of 7,500 was let go after it was acquired by the billionaire CEO of Tesla, Elon Musk.

Lyft: The ride-hailing service said it was cutting 13% of its workforce, almost 700 employees.

Meta: The parent company of Facebook laid off 11,000 people, about 13% of its workforce.

HP: The computer maker cited economic challenges in announcing job cuts of as many as 6,000 positions over the next three years. Sales of PCs suffered the most severe drop-off ever as a surge of tech buying by millions working from home began to fade.

August 2022

Snap: The parent company of social media platform Snapchat said that it was letting go of 20% of its staff. Snap’s staff has grown to more than 5,600 employees in exact years and the company said at the time that even after laying off more than 1,000 people, its staff would be larger than it was a year earlier.

Robinhood: The company, whose app helped bring a new generation of investors to the market, announced that it would reduce headcount by about 23%, or approximately 780 people. An earlier round of layoffs last year cut 9% of its workforce.

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AP Technology Writer Michael Liedtke contributed to this report from San Francisco.