LinkedIn cuts 5% of workforce in reorganization
LinkedIn, the Microsoft-owned professional networking platform, is laying off approximately 875 employees, representing 5% of its global workforce of over 17,500 people. The cuts are part of a broader reorganization aimed at streamlining operations and refocusing priorities. The move reflects ongoing adjustments in the tech industry as companies seek to optimize costs and adapt to changing market conditions. LinkedIn has not specified which departments or regions will be most affected. The layoffs come amid a series of workforce reductions across major technology firms, including Microsoft, which acquired LinkedIn in 2016 for $26.2 billion.
Key facts
- LinkedIn is cutting 5% of its workforce
- Approximately 875 positions are affected
- The company employs over 17,500 people globally
- The layoffs are part of a reorganization
- LinkedIn is owned by Microsoft
- Microsoft acquired LinkedIn in 2016 for $26.2 billion
- The cuts reflect broader tech industry trends
- Specific departments or regions affected have not been disclosed
Entities
Institutions
- Microsoft
Sources
- Quartz —