Employment-focused social media platform LinkedIn on Tuesday said it would let go of 716 staffers as it shuts down a job search app in China and prepares for tapering revenue growth.
“As we guide LinkedIn through this rapidly changing landscape, we are making changes to our Global Business Organization (GBO) and our China strategy that will result in a reduction of roles for 716 employees,” CEO Ryan Roslansky wrote in a letter to employees, which was later posted as a blog.
As of 2022, LinkedIn’s workforce was estimated to be over 21,000 employees.
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Source:: Computerworld