LinkedIn's Second Round of Layoffs: 668 Employees Let Go in Restructuring

TL;DR Summary
LinkedIn, owned by Microsoft, is laying off 668 employees across its engineering, talent, and finance teams in its second round of job cuts this year. The cuts, affecting over 3% of the staff, come as the social media network for professionals faces slowing revenue growth. The technology sector has seen significant job losses this year due to an uncertain economic outlook. LinkedIn continues to invest in strategic priorities while streamlining its operations.
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- Microsoft-Owned LinkedIn Cuts 668 Jobs in Second Round of Layoffs This Year Bloomberg
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