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LinkedIn lays off 668 employees in second cut this year (www.reuters.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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LinkedIn lays off 668 employees in second cut this year::Microsoft's 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 amid slowing revenue growth.

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[–] Zrybew@lemmy.world 34 points 1 year ago* (last edited 1 year ago)

After growing 5% quarter over year, they layoff 3% of the workforce because greed.