Tech26 days ago· 1 min read
LinkedIn Plans 5% Staff Cuts as Tech Layoffs Continue
Microsoft-owned LinkedIn announced it will cut about 5% of its 17,500-person workforce, continuing the wave of tech sector restructuring. The company is focusing on high-priority business growth areas.
Layoff Announcement
LinkedIn says it has "implemented organizational changes"; a source says it plans to cut ~5% of its 17,500 full-time workers and focus on business growth areas — LinkedIn planned to inform staff of layoffs on Wednesday.
Broader Industry Trend
Linkedin is planning to cut 5pc of staff as tech industry layoffs continue, with layoffs to affect employees across engineering, product, and marketing roles.