Cuts in engineering, talent and finance teams affect 3% of the 20,000 staff and come amid slowing revenue growth
Microsoft’s LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for the social media network for professionals amid slowing revenue growth.
The cuts, which affect more than 3% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector in the face of an uncertain economic outlook.
More Stories
Exercise ‘better than drugs’ to stop cancer returning after treatment, trial finds
New AI test can predict which men will benefit from prostate cancer drug
Elon Musk shows he still has the White House’s ear on Trump’s Middle East trip