RecruitingUS

LinkedIn Layoffs

July 2020

LinkedIn announced a layoff affecting 960 employees (6% of its workforce) in July 2020. The company operates in the Recruiting sector.

People Affected

960

Percentage

Announced Date

Jul 21, 2020

About

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.