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41 LinkedIn Planning To Lay Off 5% of Staff In Latest Tech-Sector Cuts

Slashdot
BeauHD @ Slashdot 2 place · today 14:00 EDT

LinkedIn Planning To Lay Off 5% of Staff In Latest Tech-Sector Cuts

An anonymous reader quotes a report from Reuters: LinkedIn planned to inform staff of layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of technology sector cuts this year. The Microsoft-owned social network plans to cut about 5% of its headcount as it reorganizes teams and focuses personnel on areas where its business is growing [...].

LinkedIn employs more than 17,500 full-time workers globally, its website says. Reuters was unable to determine the teams affected. The

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