LinkedIn Is Reportedly Laying Off Five Percent Of Its Workforce
LinkedIn Is Reportedly Laying Off Five Percent Of Its Workforce
https://www.engadget.com/2172239/linkedin-is-reportedly-laying-off-five-percent-of-its-workforce/
Publish Date: 2026-05-13 14:05:00
Source Domain: www.engadget.com
- LinkedIn is laying off around five percent of its workforce (approximately 875 people) as part of a reorganization plan.
- The layoffs will affect teams across Global Business Organization, marketing, engineering, and product development.
- LinkedIn’s CEO, Daniel Shapero, cited the need to scale back investments in areas like marketing and underused office space to focus on higher impact priorities.
- The company is closing an office in Graz, Austria, as part of the changes.
- The layoffs emphasize LinkedIn’s commitment to reinventing operations and focusing on areas with the highest return on investment.
- This move follows similar steps by Microsoft’s parent company, which offered voluntary buyouts to up to seven percent of its workforce.
- LinkedIn’s revenue rose by 12 percent in the first quarter of the current year compared to the same period last year.
