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Bad news for employees of this company as hundreds sacked due to…, not Microsoft, Narayana Murthy's Infosys, Ratan Tata's TCS, Google, IBM, name is…

Bad news for employees of this company as hundreds sacked due to…, not Microsoft, Narayana Murthy's Infosys, Ratan Tata's TCS, Google, IBM, name is…

India.com2 days ago

Employee Layoffs- Representational image
Microsoft-owned jobs and networking platform LinkedIn has joined its parent company and laid off employees. They have cut jobs of around 281 people in California.
According to a recent filing with the state's employment department, the company confirmed the layoffs in which the majority of software engineers are affected, reported Economic Times.
In October 2023, LinkedIn had laid off 668 employees of which some were engineers, talent, and finance teams. In May 2023 also the company had cut 716 jobs in its sales, operations, and support teams.The company cited the reason to streamline operations and reduce organizational layers for these job cuts.
In its latest round of job cuts by many big tech giants. Like Google laid off 200 employees in May from its global business unit which was handling sales and partnerships. The reason they cited was collaboration and better serving its customers.
Facebook and Instagram parent Meta had cut jobs in February of around 3,600 employees, or 5% of the workforce. They were working for Facebook, Horizon virtual reality (VR) platform and logistics.
Apple had also laid off 100 employees from its digital services team in August 2024. The team which was majorly hit by the firing was working for Apple Books and Apple Bookstore. Engineers and staff working on Apple News were also impacted.

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