LinkedIn announced on Wednesday May 13 a reduction of 5% of its workforce.
About 875 employees as part of a broader cost-cutting and reorganization effort, according to an internal memo seen by Business Insider and confirmed by Reuters.
According to the statement released by CEO Daniel Shapero, the company will make layoffs in the global sales organization, marketing, engineering and product management.
The people concerned will receive a summons immediately after the note.
In addition to laying off some people, Microsoft’s professional networking site will cut spending on marketing efforts, those of its suppliers, customer events and underutilized office space.
The company will also close its office in Graz, Austria.
The status of employees in Asia and the Pacific will be confirmed by Thursday, May 14.
Shapero wrote: “Economic opportunity is one of the societal challenges of our time. We must reinvent the way we work, with agile teams focused on our highest priorities.”
As reported Business Insidera LinkedIn spokesperson confirmed: “As part of our regular business planning, we have implemented organizational changes to best position ourselves for future success. »
It was clarified that the layoffs have no link to the replacement of jobs by artificial intelligence, despite widespread industry concerns about the disruption caused by AI.
So far, 103,000 tech jobs have been lost in 2026, a total close to the 124,000 for all of 2025.
