Salesforce aims to cut costs by as much as $3 bn to $5 bn: Report

Salesforce is looking to cut costs by as much as $3 billion to $5 billion, Fortune reported citing CEO Marc Benioff. Salesforce said on Wednesday that it plans to cut jobs by 10% and close some offices. Benioff indicated that there could be more potential layoffs after the job cuts that occurred on Wednesday, CNBC reported separately on Friday.