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LinkedIn, top career platform, sees itself joining the lay-off spree

by Teddy Cambosa

-

February 15, 2023

United States – Earlier this year, multinational technology corporation Microsoft has announced that it will reduce its overall workforce by 10,000 jobs due to its restructuring plan, which represents less than 5 per cent of its total employee base. With this, it appears that the Microsoft-owned and leading online professional network LinkedIn is currently affected by the said cutoff as it lays off employees from its recruitment department, with an unconfirmed number of staff.

The global job and career portal directly confirmed the news to media website The Information on Monday. 

One of the LinkedIn employees from the recruitment team confirmed their departure from the company, including Nicole Zawacki who worked as lead of diversity, inclusion and belonging sourcing, on a personal note right on the LinkedIn platform.

“It’s with the heaviest heart that I say that I have been affected by the LinkedIn layoff this morning. I absolutely adored my role at LinkedIn as well as the brilliant people I had the privilege of working with, many who were also let go today,” said Zawacki.

In a statement posted on Microsoft’s official blog, Satya Nadella, chairman and chief executive officer of Microsoft, said that the reduction of the parent org is due to their plan to align the cost structure with revenue and customer demands.

Nadella added, “It’s important to note that while we are eliminating roles in some areas, we will continue to hire in key strategic areas. We know this is a challenging time for each person impacted. The senior leadership team and I are committed that as we go through this process, we will do so in the most thoughtful and transparent way possible.”

Earlier this month, another Microsoft-owned company GitHub also reportedly let go of 300 employees to go for a fully remote working set-up. 

As of this writing, LinkedIn is not yet releasing an official statement about the said layoff.

Related Tags Microsoft LinkedIn Layoffs Technology Business Global
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