Salesforce, Workday Hire Overseas During Layoffs to Save Cash

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.

“Do we need to hire everybody in San Francisco?” Salesforce Chief Operating Officer Brian Millham said at an event hosted by Barclays Plc in December. “Or can we think about other locations that are cheaper where we can get really incredible labor like India and Mexico City.”

US-based employees at Salesforce ...