It comes after LinkedIn axed 716 jobs in May and follows cuts at other big tech firms.
“Talent changes are a difficult, but necessary and regular part of managing our business,” the firm wrote in a post on the LinkedIn website.
“Talent changes are a difficult, but necessary and regular part of managing our business,” the firm wrote in a post on the LinkedIn website.
LinkedIn makes its money through job ad listings and premium subscriptions and is used by recruiters around the world.
It has about 950 million users.
A slowdown in hiring along with a fall in advertising spending has hit the company, although it continues to sign up new members.
In the fourth quarter of 2023, the firm’s revenue increased by 5% year-on-year, down from 10% in the previous quarter.
Since late 2022 there have been tens of thousands of layoffs in the technology sector by companies including Amazon, Meta and Google’s parent company Alphabet.
“Talent changes are a difficult, but necessary and regular part of managing our business,” the firm wrote in a post on the LinkedIn website.
It comes after LinkedIn axed 716 jobs in May and follows cuts at other big tech firms.
LinkedIn makes its money through job ad listings and premium subscriptions and is used by recruiters around the world.
“Talent changes are a difficult, but necessary and regular part of managing our business,” the firm wrote in a post on the LinkedIn website.
“Talent changes are a difficult, but necessary and regular part of managing our business,” the firm wrote in a post on the LinkedIn website.
LinkedIn makes its money through job ad listings and premium subscriptions and is used by recruiters around the world.
It has about 950 million users.
A slowdown in hiring along with a fall in advertising spending has hit the company, although it continues to sign up new members.
In the fourth quarter of 2023, the firm’s revenue increased by 5% year-on-year, down from 10% in the previous quarter.
Since late 2022 there have been tens of thousands of layoffs in the technology sector by companies including Amazon, Meta and Google’s parent company Alphabet.
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