Microsoft-owned LinkedIn laid off more than 500 employees, including engineers, on Monday in its second round of job cuts this year as the social media network grapples with a slowdown in hiring, a person familiar with the matter said.
The cuts, which affect 2.5% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector amid an uncertain economic outlook.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Featured Video Of The Day
COMMENTS
Advertisement
LinkedIn Hiring Assistant AI Agent That Automates Hiring Process for Recruiters Introduced How A Deleted LinkedIn Post Ignited Misinformation And Mass Unrest In England And Northern Ireland LinkedIn Fined $335 Million Over Targeted Advertising Practices Amazon Employee Greets Friend At Wedding, Dies Of Cardiac Arrest "Speculative, Inaccurate": Canada Factchecks Own Media Over India Charge TIME Magazine Shares Elon Musk's To-Do List, He Responds Joe Rogan Mocks 'The View' Co-Host Who Accuses Him Of Believing In Dragons Canada Rolls Back Extra Screening For Fliers To India Most And Least Expensive Passports In 2024: Here's Where India Stands Track Latest News Live on NDTV.com and get news updates from India and around the world.