LinkedIn Cuts 668 Jobs in Second Round of Layoffs This Year
As fewer employees look for new jobs and fewer companies hire, LinkedIn is facing less demand for its services.
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Microsoft Corp.’s LinkedIn is cutting about 668 roles across its engineering, product, talent and finance teams. These are the second such cuts this year as fewer companies use the hiring platform and corporate social network.
LinkedIn is “continuing to invest in strategic priorities for our future and to ensure we continue to deliver value to our members,” the company said in a blog post Monday.