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CEO Marc Benioff said that the cuts come as many of the company’s customers are taking a more cautious approach to spending.

; Documenting these guardrails (setting grade midpoints to the 60th percentile of a blended survey cut, for instance) can reduce debate, accelerate onboarding and keep future configuration changes tethered to strategy. 2.

House of Representatives narrowly passed a budget resolution that includes $4.5 trillion in tax cuts over the next decade.

Of that 69%: ;31% would accept up to a 5% cut.; ;24% would accept up to a 10% cut.; ;9% would take a cut of up to 20%.; ;5% would go beyond a 20% cut.; When evaluating new opportunities, 85% of respondents said remote work is the top factor motivating them to apply for a job, ranking ahead of: ;Competitive salary and benefits package (72%); ;Work-life balance (65%); ;Meeting job requirements (61%); ;Job stability and long-term potential (58%); ;Healthy, inclusive corporate culture and aligned values (54%); ;Opportunities for career growth and development (43%); “Low quit rates and trends like ‘job hugging’ may suggest a workforce that is staying put, but that does not mean workers are not quietly considering a job change,” said Toni Frana, a career expert at FlexJobs.

Nike to Cut About 2% of Workforce Nike will cut about 2% of its total workforce, or more than 1,600 jobs, according to the Wall Street Journal .

Shopify to Cut 10 % of Global Workforce E-commerce giant Shopify Inc. recently announced it was cutting roughly 1,000 workers, or 10% of its global workforce .

Access a related Workspan Daily article on this subject: ‘Year of Contention’: Employers Mull Tight Budgets, Pay Expectations; Where Employers Are Cutting Payscale’s latest Compensation Best Practices Report found organizations are reducing costs in certain areas: ;Pay increases (18%); ;Salary offers (14%); ;Hiring less experienced talent (15%); “The most visible cuts are in salary budgets, back toward that 3% level that no longer builds in inflation-fueled increases,” Scott-Wears said.

Workers Feel Uneasy Taking Time Off; ;Indeed, Glassdoor to Cut 1,300 Jobs; Remote Work Postings Increased During Q2 Postings for remote jobs grew by 8% in the second quarter of 2025, signaling steady demand and long-term resilience in the remote workforce.

The financial security employees experienced with this pay increase produced a variety of outcomes that are still present years later: ;Turnover dropped nearly 20% below its organizational average in the first year.; ;Team members also increased 401(k) contributions 130% during the first year.; ;More employees started families, bought homes and moved closer to work (reducing commute times and improving quality of life).; ;Within six years, the company doubled its staff.; ;The company’s turnover rate was cut in half, enabling the team to keep expertise, which led to improved client outcomes.; ;During the pandemic, employees voluntarily took temporary pay cuts to keep the company afloat.

Spotify to Slash 200 Jobs Spotify announced on Monday that it plans to cut 200 jobs, roughly 2% of its workforce, the Wall Street Journal reported .