LinkedIn Layoffs: Over 600 Employees To Lose Jobs From Microsoft-Owned Company, About 3% Of Workforce

Linkedin Announced On October 16 That It Is Cutting Off Hundreds Of Employees, Accounting For Around 3% Of The Social Media Company's Staff. The Microsoft-Owned Career Network Is Laying Off 668 Employees From Its Engineering, Product, Talent, And Finance Departments. “Talent Changes Are A Difficult, But Necessary And Regular Part Of Managing Our Business,” The Company Said In A Statement. Linkedin Announced The Layoff Of 700 Employees In May 2023. Linkedin's Annual Revenue Surpassed $15 Billion For The First Time In Its Fiscal Year, Which Ended In June.

(The above story first appeared on LatestLY on Oct 17, 2023 05:23 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).