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LinkedIn lays off hundreds as tech giants continue to cut jobs

LinkedIn lays off hundreds as tech giants continue to cut jobs

Time of India2 days ago

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Microsoft-owned jobs and networking platform LinkedIn has joined the growing list of tech giants laying off employees, cutting 281 positions across California.According to a recent filing with the state's employment department, the company confirmed the layoffs, with software engineers being the most affected. Other impacted roles include senior product managers and talent account directors.This development comes just weeks after Microsoft announced it would eliminate 3% of its global workforce, around 6,000 jobs.In October 2023, LinkedIn laid off 668 employees across its engineering, talent, and finance teams. Earlier that year, in May, the company cut 716 jobs across its sales, operations, and support teams as part of efforts to streamline operations and reduce organizational layers to enable faster decision-making.In its latest round of job cuts, Google laid off 200 employees in May from its global business unit, responsible for sales and partnerships. The search major told Reuters that it was making small changes across the teams to drive collaboration and better serve its customers.Facebook and Instagram parent Meta had announced reformed performance assessment in January earlier this year, leading to job cuts in February that saw 3,600 employees, or 5% of the workforce, laid off. Staff working on Facebook, Horizon virtual reality (VR) platform and logistics were hit the hardest.Apple laid off 100 employees from its digital services arm in August 2024, with the team working for Apple Books and Apple Bookstore being hit the hardest. Some engineers and staff working on Apple News were also impacted.

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