Salesforce CEO Embraces AI, Announces Hiring Freeze, and Invests in Singapore

Edited by: Olga Sukhina

San Francisco, June 27, 2025 - Salesforce CEO Marc Benioff has embraced artificial intelligence, revealing that AI now handles 30% to 50% of the company's workload with a 93% accuracy rate.

This shift has led to a hiring freeze for software engineers, attributed to a 30% productivity increase from AI agents. Salesforce is also investing $1 billion in Singapore over five years to boost its AI agent development platform.

Salesforce's stock (CRM) is trading at $270.74, reflecting investor confidence in the company's AI-driven strategy.

Sources

  • Mashable India

  • Salesforce CEO Marc Benioff: AI Is Handling Half of Tasks

  • Hybrid human and AI workforce is coming, CEO says

  • AI excelling, no more engineer hires in 2025: Salesforce CEO Marc Benioff

  • Salesforce to invest $1B in Singapore to boost adoption of AI

  • Was Sam Altman Right About the Job Market?

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