Salesforce to add 12,000 jobs by next year

Salesforce.com to create 12,000 jobs over the next year, including 4,000 positions in the coming six months, Chief Executive Officer Marc Benioff said in a tweet. The decision comes during the COVID-19 outbreak, it has forced people to stay and work from home, the company's online business software that supports remote work and e-commerce has seen significant demand.

Benioff twitted, "Join our 54K employee strong Ohana defining the future of software. Salesforce is the world’s fastest growing Top 5 enterprise software company. Send your resume to jobs@salesforce.com."

The announcement comes just a few weeks after the business software company reportedly began notifying employees of its intentions to cut 1,000 jobs just a day after reporting record sales and raising its full-year guidance.

The company said sales grew 29% to $5.15 billion in the most recent quarter, beating Wall Street’s expectation of $4.87 billion in revenue, according to analysts surveyed by FactSet. Salesforce said it generated a $2.85 per-share profit, in part based on accounting adjustments.

Despite the coronavirus pandemic's impact on cloud service providers, Salesforce, lifted its full-year outlook, expecting sales in the current financial year that runs through the end of January to increase to between $20.7 billion and $20.8 billion. It previously cut its outlook to around $20 billion in sales from as high as $21.1 billion.

The company expects to generate $5.24 billion to $5.25 billion in sales in the current quarter, above the $5.02 billion forecast by analysts.