LinkedIn announced layoffs and the closure of its Chinese jobs app InCareer
LinkedIn became the latest tech company to lay off employees to rein back costs.
The Microsoft-owned professional networking site is looking to ax 716 jobs in sales, operations, and support teams to streamline the company’s operations.
LinkedIn, which counts about 20,000 employees worldwide, is “removing layers, reducing management roles and broadening responsibilities to make decisions more quickly,” CEO Ryan Roslansky wrote in a letter to employees yesterday (May 8). To fill gaps as market and customer demand fluctuate, the company will turn to vendors, or external partners.