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Hundreds of Engineers Affected by LinkedIn’s Second Round of Layoffs in 2023

(Reuters) – Microsoft’s LinkedIn said on Monday it would cut 668 jobs from its engineering, talent and finance teams in the professional social media network’s second round of Layoffs this year as revenue growth slowed. The cuts, which affect more than three percent of 20,000 employees, add to tens of thousands of job losses this year in the technology sector amid an uncertain economic outlook. “As we adapt our organizational structures and streamline our decision-making, we will continue to invest in our future strategic priorities and ensure we continue to…

The post Hundreds of Engineers Affected by LinkedIn’s Second Round of Layoffs in 2023 appeared first on Return Byte.



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Hundreds of Engineers Affected by LinkedIn’s Second Round of Layoffs in 2023

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