LinkedIn that helps people find jobs is now laying off 700 employees

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In a letter to employees, LinkedIn CEO Ryan Roslansky said the move to cut roles was aimed at streamlining the company's operations.


 

In Short

  • LinkedIn announced the first round of layoffs in February which mainly affected the recruiting team.
  • The latest round of layoffs will reportedly affect the sales, operations and support teams.
  • LinkedIn would shut down the China-focused app called InCareers.

By Abhik Sengupta: LinkedIn, the Microsoft-owned platform focused on helping others find jobs, will cut 716 jobs as demand wavers. The latest round of layoffs will reportedly affect the sales, operations and support teams as the company is streamlining its operations to mitigate excess costs. LinkedIn announced the first round of layoffs in February which mainly affected the recruiting team. The Microsoft-owned jobs platform has roughly 20,000 employees. Notably, the company decided to lay off workers despite increasing revenue for the last two quarters.

In a letter to employees obtained by global news agency Reuters, LinkedIn CEO Ryan Roslansky said the move to cut roles was aimed at streamlining the company's operations and removing layers to help make quicker decisions. The letter also highlights that the company would create new jobs, and affected workers are free to apply.

Roslansky writes, "With the market and customer demand fluctuating more, and to serve emerging and growth markets more effectively, we are expanding the use of vendors."

While the opportunity to apply for the new role may motivate some workers, LinkedIn could also receive flak for laying them off in the first place. Back in February, the company received heat from some employees for the abrupt layoffs. An impacted employee, Melanie Quandt, said that the company offered her "small benefits and severance" that made her feel awful. In a post on LinkedIn, she wrote that it would take a lot of effort to "trust an employer again."

The Reuters report notes LinkedIn would shut down the China-focused app called InCareers. LinkedIn has also updated its page and confirmed that the app would function till August 9, 2023. The website reads, "Despite our initial progress, InCareer faced fierce competition and a challenging macroeconomic climate, which ultimately led us to the decision of discontinuing the service."

The Microsoft-owned company states that it would continue to have a presence in China to focus on "assisting companies" amid the challenging economic conditions. LinkedIn advises users to download "InCareer account data" before the deadline. LinkedIn introduced InCareer in December 2021 to help Chinese mainland professionals find jobs and companies discover great talent in China. It was available for free on iOS and Android.

Not only LinkedIn but other Microsoft verticals and businesses are also affected by this overhaul. The software giant has shut down some divisions, such as the VR/AR division HoloLens. Other popular verticals like Xbos also laid off workers as a part of the broader restructuring plans.

LinkedIn, a platform that helps others find new jobs, lays off employees from its recruiting team

In Short

  • LinkedIn has laid off employees from its recruiting team.
  • Many impacted workers have taken to LinkedIn to announce their abrupt departure from the company.
  • Layoffs at LinkedIn are a result of Microsoft's larger restructuring plan

By Abhik Sengupta: LinkedIn, a platform that lets users connect with recruiters (and vice versa) to find new jobs, is laying off employees from its recruiting team. First reported by The Information, LinkedIn is targeting employees from the recruiting team, but the exact number of impacted staff remains unclear. Layoffs at LinkedIn appear to be a part of Microsoft's plan to cut about 10,000 jobs across various divisions. Last week, a separate report stated that other Microsoft-owned entities, such as HoloLens and Xbox, are also cutting jobs as a part of a larger restructuring plan.

Meanwhile, some former employees from LinkedIn's recruiting team have taken to the platform to announce their abrupt departure. An ex-staff member, Nicole Zawacki (who worked as "diversity, inclusion and belonging sourcing lead"), writes that she is one of the affected employees and would take a "little time" to process. She is also using the platform to look for a new role. The post by Zawacki reads, "Today I'm taking a little time to myself to process, but if anyone has any positions within Talent Acquisition or your Diversity team, or know of someone who does, I would sincerely appreciate any advice."

Another impacted employee, Emily Beiers, took to LinkedIn to share the news about her layoff. The former technical recruiter notes, "Unfortunately, my time at LinkedIn has come to an end. My Technical Recruiter role was impacted due to a reduction in workforce."

A former senior recruiter at LinkedIn, Melanie Quandt, notes that she never lost a job in her 25-year-long career. She adds that she is "super disappointed with the small benefits and severance offered."small benefits and severance offered."

A post on LinkedIn suggests that the layoffs are also felt at the company's India division. A former Linkedin recruiter, Upali Sarkar, writes, "It has been a tough day today for the Linkedin Global Talent Acquisition team. After 4.2 years at LinkedIn, my time here is coming to an end as I was one of the individuals impacted as part of team layoffs. I am sad to leave behind such an amazing team and culture. But, I am very excited to see what my next chapter is going to be like."

Sarkar, like her former teammates from the global recruiting team, is using the platform where she once worked to look for new opportunities in these uncertain macroeconomic conditions.

As mentioned, the layoffs at LinkedIn are a result of Microsoft's larger restructuring plan. Employees in the company's hardware divisions, including HoloLens, Surface, and Xbox, have recently been laid off. Many employees of the HoloLens mixed-reality division have taken to LinkedIn to share their experiences. Xbox Chief Phil Spencer also reportedly sent an email to the employees, encouraging everyone to support their impacted colleagues.