LinkedIn increased its revenue by 5% year-over-year in the fourth quarter of fiscal year 2023.
LinkedIn, the business social networking platform owned by Microsoft, announced Monday it is laying off 668 employees, amounting to more than 3% of its staff, as part of its alleged organizational restructuring efforts. The decision marks the second round of mass layoffs at LinkedIn this year and will impact employee roles in engineering, product, talent and finance teams. “Talent changes are a difficult, but necessary and regular part of managing our business,” the company said in a statement.
“As we continue to execute on our FY24 plan, we need to also evolve how we work and what we prioritize so we can deliver on the key initiatives we’ve identified that will have an outsized impact in achieving our business goals,” LinkedIn executives Mohak Shroff and Tomer Cohen wrote in the memo to staff regarding October’s layoffs, Business Insider reported.
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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
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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 »
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 »
Microsoft-owned LinkedIn lays off nearly 700 employees — read the memo hereRevenue growth at Microsoft’s business social network has slowed as advertisers pull back in an uncertain economy.
Consulte Mais informação »
LinkedIn lays off nearly 700 in second round of cuts this yearLinkedIn is cutting nearly 700 jobs, the second layoff of this year.
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Microsoft-owned LinkedIn lays off nearly 700 employees — read the memo hereMicrosoft-owned LinkedIn announced Monday that it cut almost 700 employees, with most coming from the engineering organization, according to a memo...
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