LinkedIn has announced its second round of job cuts this year. It's shedding 'approximately 668 roles across our engineering, product, talent and finance teams.'
"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."to lay off 716 people and close its job search app in China.
In Microsoft's most recent earnings report , the company said that LinkedIn's earnings had increased by five percent year-over-year. It noted that membership growth had "accelerated for eight quarters in a row" and that the platform had more than 950 million users. Microsoft is set to announce financial results for the July-September period, the first quarter of its fiscal year, on October 24.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
LinkedIn lays off 668 employees as hiring activity slowsMicrosoft's (MSFT.O) 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 as demand for hiring services slows.
Consulte Mais informação »
Russian assault on key east Ukraine city is weakening, Kyiv says, as war hits 600 daysUkraine says that a sustained attempt by Russian forces to storm a strategically important city in the east appears to be running out of steam.
Consulte Mais informação »
More than 600 sign open letter decrying cancellation of German event for Palestinian authorAfter an award ceremony for a Palestinian author at the Frankfurt Book Fair was canceled, more than 600 literary figures have signed an open letter denouncing the decision.
Consulte Mais informação »
Large rally in support of Israel in Woodland Hills600 cars participated in the rally Sunday.
Consulte Mais informação »
Health leaders share ways to spot the signs of child abuseAccording to the National Children’s Alliance, there are more than 600,00 child abuse cases.
Consulte Mais informação »
Microsoft-owned LinkedIn lays off nearly 700 — read the memo hereRevenue growth at Microsoft’s business social network has slowed as advertisers pull back in an uncertain economy
Consulte Mais informação »