While it was not on the scale of Twitter’s massive layoffs last week, it still was yet another announcement in the continuing drum beat of tech layoffs we have been hearing about from companies large and small over the last several months, as companies aim for profitability after a long period of growth uber alles.The news comes on the heels of activist investor Starboard Value taking an undetermined stake in the company last month.In our analysis of the Starboard news, we said that it appears to be looking for cost cutting, and this move would appear to be in line with that thinking.As we wrote at the time:Regardless, Starboard claims that Salesforce’s growth and profitability (“CY2022E revenue growth + adjusted operating margin” in accountant-speak), is 13% or 14% under what it should be.But it’s worth noting that Salesforce itself recognized that it needed to cut back on spending, even prior to Starboard’s involvement."