LinkedIn

LinkedIn layoffs

LinkedIn laid off 202 employees representing approximately 1% of its workforce on 2024-11-21.

On October 16, 2023, LinkedIn, the Microsoft-owned professional networking platform, announced it would lay off 668 employees. This follows a previous round of 716 layoffs in May 2023, bringing the total job cuts for the year to 1,384. The majority of the latest reductions, about 563 positions, are within research and development, affecting engineering, product, talent, and finance teams. The company, which reported over 950 million members and $15 billion in revenue, stated the layoffs are part of adapting its organizational structure and streamlining decision-making while continuing to invest in strategic priorities. This move aligns with a broader trend of over 242,000 layoffs in the tech sector in 2023 and reflects LinkedIn's ongoing shift, including a focus on integrating more AI-powered tools and talent into its operations.

LinkedIn is cutting 716 jobs as it phases out its InCareer app in China, citing fierce competition and a challenging macroeconomic climate. The company, which has 20,000 employees and is owned by Microsoft, plans to finish phasing out InCareer by August 9 while shifting its China strategy to focus on helping companies hire, market, and train abroad.

LinkedIn laid off 716 employees representing approximately 4% of its workforce on 2023-05-08.

LinkedIn on 2023-02-13.

In late July, LinkedIn conducted a significant workforce reduction, laying off 960 employees, which represents about 6% of its total staff. The cuts primarily impacted the Global Sales and Talent Acquisition teams, driven by a slowdown in hiring during the pandemic that affected the company's Talent Solutions business. As a response, LinkedIn launched an opt-in talent directory to help these former employees, many with expertise in customer success, recruitment, and sales across global regions, connect with new opportunities through its own platform. This move highlights the challenges faced by the professional networking giant in the tech industry's evolving landscape.