LinkedIn Cuts Hundreds More Jobs

LinkedIn is laying off 668 roles across its engineering, product, talent and finance teams. The news comes just five months after the business-focused social platform cut 716 jobs.

In an email sent to employees on Monday, the company said it “did not expect to share this important update” with its staff.

LinkedIn's layoffs cover its R&D division, specifically 137 engineering management roles and 38 product roles, with an additional 368 roles being dropped from its engineering team “in an effort to better align resources to our FY24 plan.”

The remainder of this round of layoffs will cover some of LinkedIn's finance and talent teams.

"Talent changes are a difficult, but necessary and regular part of managing our business," the company said in a press release. "While we are adapting our organizational structures and streamlining our decision making, we are continuing to invest in strategic priorities for our future and to ensure we continue to deliver value for our members and customers. We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect."

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With this round of job cuts, LinkedIn will have cut a total of 1,384 jobs over the course of 2023.

According to data provided by Layoffs.fyi, over 242K people have been laid off in the technology sector this year, which is almost 100K more cuts than last year.

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