Microsoft-owned LinkedIn to lay off hundreds of employees; company says: As part of our regular business planning, we have …
Microsoft-owned LinkedIn is reportedly laying off hundreds of employees across multiple teams. The professional networking site is reportedly cutting 5% of its global workforce, or approximately 875 employees. In a statement to Business Insider, a LinkedIn spokesperson said that the job cuts come, “As part of our regular business planning, we’ve implemented organizational changes to best position ourselves for future success.”
In an internal memo sent to LinkedIn employees, CEO Daniel Shapero confirmed that the company’s Global Business Organization, marketing, engineering, and product teams will be affected by the latest round of job cuts.
