116
LinkedIn is laying off nearly 700 employees
(www.npr.org)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Oct 2023
116 points (93.9% liked)
Technology
34987 readers
196 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
This is the best summary I could come up with:
The Microsoft-owned social media platform LinkedIn is laying off nearly 700 employees, it said in a statement Monday.
About 668 positions across the company's engineering, product, talent and finance departments will be eliminated.
"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," LinkedIn said.
Website membership also grew for the past eight quarters to more than 950 million accounts.
Microsoft CEO Satya Nadella said at the time the company is "seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one."
There have been mass layoffs across the tech industry, including at Amazon, Google and Meta.
The original article contains 217 words, the summary contains 126 words. Saved 42%. I'm a bot and I'm open source!