LinkedIn slashes 960 jobs globally amid Covid-19 pandemic

Professional networking site LinkedIn on Tuesday said it is slashing about 960 jobs globally, about six per cent of its worldwide staff, amid the Covid-19 pandemic.

The company, which is part of tech giant Microsoft, has about 1,200 employees in India. It also has a development centre in Bengaluru.

“…have made the extremely difficult decision to reduce approximately 960 roles, or about 6 per cent of our employee base, across our global sales and talent acquisition organisations (GSO and GTO)…these are the only layoffs we are planning,” LinkedIn CEO Ryan Roslansky said in a note to employees.

He added that Covid-19 is having a “sustained impact” on the demand for hiring, both on the company’s talent solution business and on the company in general.