Despite growing revenue, Microsoft-owned LinkedIn is ready to lay off workers, close offices, and shift its investment focus.

LinkedIn, a social media platform built to help working professionals connect with others, laid off hundreds of employees.

Microsoft-owned LinkedIn is preparing to cut about 5% of its workforce as it reorganises teams, even as revenue rose 12% in the latest quarter.

The Microsoft-owned platform employs more than 17,500 people globally, putting the cuts at about 875 positions ...

Microsoft-owned LinkedIn is set to lay off about 5% of its employees as part of a team reorganization, despite reporting a 12% revenue increase in the latest quarter.

SAN FRANCISCO] LinkedIn is preparing to announce layoffs on Wednesday, people familiar with the matter told Reuters, in a widening of technology sector cuts this year. Read more at The Business Times.

Microsoft's securities filings said LinkedIn has announced that its revenue has spiked 12%., Companies, Times Now ...

LinkedIn cuts jobs across Europe, Middle East and Africa (EMEA), and Asia-Pacific (APAC) regions, impacting nearly 900 employees.

A LinkedIn spokesperson in Singapore said the organisational changes are meant to position the firm for future success. Read more at straitstimes.com. Read more at straitstimes.com.

LinkedIn planned to inform staff of layoffs, two people familiar with the matter told Reuters, in a ‌widening of technology sector cuts this year.

LinkedIn is preparing ‌to announce layoffs on Wednesday, people familiar ​with the matter ⁠told Reuters, ⁠in a widening of ⁠technology ‌sector cuts this ⁠year.