Monday, October 16, 2023

LinkedIn Lays Off Over 500 Workers As Hiring Activity Slows: Report

Microsoft-owned LinkedIn laid off more than 500 employees, including engineers, on Monday in its second round of job cuts this year as the social media network grapples with a slowdown in hiring, a person familiar with the matter said.

The cuts, which affect 2.5% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector amid an uncertain economic outlook.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)



from NDTV News- Special https://ift.tt/Gqv2f0T
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