Synopsis
LinkedIn is set to announce job cuts on Wednesday. The Microsoft-owned company plans to lay off approximately 5% of its workforce. This move comes as LinkedIn reorganizes its teams. The company is focusing employees on growing business areas. Revenue at LinkedIn saw a 12% rise in the last quarter. The layoffs are not due to artificial intelligence replacing jobs.Listen to this article in summarized format
The Microsoft-owned social network plans to cut about 5% of staff as it reorganizes teams and focuses employees on areas where its business is growing, said one of the people, on condition of anonymity.
LinkedIn's headcount is more than 17,500 full-time employees globally, its website says. Reuters was unable to determine the teams affected.
The cuts come as revenue at LinkedIn, which sells recruiting tools and subscriptions, rose 12% in the just-ended quarter from a year prior, in an acceleration of growth in 2026, according to Microsoft's securities filings.
The layoff rationale was not for artificial intelligence to replace jobs at LinkedIn, one of the people told Reuters.
