LinkedIn retrenches 668 staff in another round of layoffs

LinkedIn has announced another round of job cuts, stating that it is letting go of 668 people across its engineering, product, talent and finance teams. The Microsoft owned company stated that it was necessary and and a regular part of managing its business.

The company had laid off 716 jobs in May this year as it phased out its China app. This brings total job cuts this year to 1,384.

It added the following statement to the announcement :

While we are adapting our organizational structures and streamlining our decision making, we are continuing to invest in strategic priorities for our future and to ensure we continue to deliver value for our members and customers. We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect.

LinkedIn

The company recently announced that it is now offering AI-powered “writing suggestions” and job descriptions to its users as it seeks new ways to integrate AI into its service. In the past, LinkedIn delved into generative AI through the launch of “collaborative articles,” where AI-generated text is combined with insights from LinkedIn experts. Furthermore, the platform is broadening its range of generative AI-related courses, indicating its commitment to enhancing user-friendliness and efficiency.