LinkedIn is laying off employees as per an internal memo from CEO Daniel Shapero, which was confirmed by Business Insider. Affected employees will receive calendar invitations shortly after the memo was sent at 7 a.m. Pacific Time. The layoffs will impact teams in global business, marketing, engineering, and product sectors, although the exact number of job cuts remains undisclosed. LinkedIn, which has around 17,500 employees, will also reduce investments in marketing campaigns, vendor spending, and underutilized office spaces.
Additionally, employees in the Asia-Pacific region will learn if they are affected later this week, and the company will close its office in Graz, Austria, as part of its cost-cutting measures. Microsoft, LinkedIn’s parent company, is also cutting costs while planning significant investments in AI infrastructure.
Shapero emphasized the need for organizational changes to enhance future success. He thanked departing employees for their contributions and urged remaining staff to support their colleagues during this transition. Further details regarding the layoffs and organizational changes will be communicated by department leaders.
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