An anonymous reader quotes a report from Reuters: LinkedIn planned to inform staff of layoffs on Wednesday, 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% of its headcount as it reorganizes teams and focuses personnel on areas where its business is growing [...].
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% 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.
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