LinkedIn cuts 960 jobs as pandemic hits recruitment
About 6% of the professional networking site's workforce will be laid off, the CEO says.
LinkedIn will cut around 960 jobs due to the impact of the coronavirus pandemic on recruiting and hiring. The cuts will focus on the sales and hiring divisions, hitting 6% of the professional networking site's global workforce.
"While this decision will help us ensure that our company and platform are resilient and emerge stronger to reach our vision, there is simply no harder decision to make as a CEO," Ryan Roslansky, the chief executive, said Monday in a note to employees that was published on the site.
The Microsoft-owned company, which people use to find jobs and which companies use to find employees, isn't planning further layoffs, he noted.
Affected employees in Ireland, the UK and Australia have "already begun consultation about the potential impact on their jobs," while those in the US and other countries will hear about their job status in the coming days and months.