Microsoft-Owned LinkedIn Announces Staff Reductions as Tech Firms Streamline in the AI Era

Deep News05-13

Microsoft-owned LinkedIn will implement staff reductions, marking the latest instance of workforce downsizing within the technology sector during the artificial intelligence era. LinkedIn CEO Daniel Shapero stated in a memo to employees on Wednesday that the professional social network needs to create greater value for its users and achieve higher profitability. He wrote that these layoffs will affect multiple functional areas, including engineering, product, and marketing. A company spokesperson said, "As part of our regular business planning, we have made organizational adjustments to ensure the company is optimally positioned for future growth." The specific scale of the layoffs is not yet clear. According to data from its official website, LinkedIn has 17,500 employees.

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