Salesforce, Workday Are Hiring More Overseas to Save Cash
- Tech under pressure to invest in AI without denting profits
- Share of US staff in workforce declines for PayPal, ServiceNow
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Software companies are under pressure to invest in new artificial intelligence capabilities without denting profits. One increasingly popular strategy to keep costs low is to shift hiring outside the US.
Salesforce Inc. and Workday Inc. are simultaneously cutting jobs and highlighting the cost savings from adding workers internationally.