LinkedIn will cut about 5 per cent of its staff as it reorganises its business, according to reports.
LinkedIn planned to inform staff of layoffs on Wednesday (May 13), two people familiar with the matter told Reuters, in a widening of technology sector cuts this year.
The Microsoft-owned social network plans to cut about 5 per cent of its headcount as it reorganises teams and focuses personnel on areas where its business is growing, said one of the people, on condition of anonymity.
LinkedIn employs more than 17,500 full-time workers globally, its website says. Reuters was unable to determine the teams affected.
The cuts come as revenue at LinkedIn, which sells recruiting tools and subscriptions, rose 12 per cent in the just-ended quarter from a year prior, in an acceleration of growth in 2026, according to Microsoft’s securities filings.
The layoff rationale was not for artificial intelligence to replace jobs at LinkedIn, one of the people told Reuters. The specter of AI-fueled disruption has nonetheless hung over software incumbents and workers generally.
Technology companies are increasingly reshaping their operations around AI. Jack Dorsey’s Block in February announced it planned to eliminate nearly half its workforce, while Cloudflare last week unveiled a roughly 20 per cent cut. Meta Platforms was targeting a May 20 layoff, Reuters earlier reported.
Source : https://www.channelnewsasia.com/business/linkedin-job-cuts-staff-microsoft-technology-6119001
