LinkedIn will cut nearly 1,000 jobs as pandemic slows global hiring

0
blank

LinkedIn has announced it will lay off around six percent of its workforce, in part due to a coronavirus-related worldwide hiring slowdown. The Microsoft-owned company is cutting about 960 jobs from its global sales and talent acquisition teams.

“[LinkedIn] is not immune to the effects of the global pandemic,” CEO Ryan Roslansky wrote in an email to employees. “COVID-19 is having a sustained impact on the demand for hiring, both in our [LinkedIn Talent Solutions] business and in our company.” He said “there are roles that are no longer needed as we adjust to the reduced demand in our internal hiring and for our talent products globally” and that these are the only planned layoffs.

Subscribe to the E-Crypto Newsletter

Sign up to the best of Crypto, Blockchain and Future Trends news.

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 10,701.54
ethereum
Ethereum (ETH) $ 353.56
tether
Tether (USDT) $ 0.998120
ripple
XRP (XRP) $ 0.242308
chainlink
Chainlink (LINK) $ 10.76
polkadot
Polkadot (DOT) $ 4.40
bitcoin-cash
Bitcoin Cash (BCH) $ 216.27
binancecoin
Binance Coin (BNB) $ 24.65
crypto-com-chain
Crypto.com Coin (CRO) $ 0.153988
litecoin
Litecoin (LTC) $ 45.96