LinkedIn to cut 960 jobs worldwide as recruitment falls

Image copyright
Getty Images

Business networking site LinkedIn is to cut about 960 jobs worldwide after being hit by firms recruiting fewer staff amid the coronavirus pandemic.

The cuts will affect about 6% of the company’s workforce across the globe, including the UK.

In a letter, chief executive Ryan Roslansky said these were the only layoffs the firm was planning.

The announcement comes as sectors from retailing to airlines slash jobs around the world.

The LinkedIn job cuts are being made in the group’s global sales and hiring divisions.

Microsoft-owned LinkedIn has offices in more than 30 cities around the world and employs 16,000 people.

Mr Roslansky said employees in Ireland, the UK, and Australia had already begun consultation about the potential impact on their jobs.

Staff in other parts of the world would find out about the impact on them over the coming days and months.

“I want you to know these are the only layoffs we are planning,” Mr Roslansky said.

LinkedIn, which is based in California, is used by employers to find suitable candidates for jobs and by employees to search for new jobs.

“However, LinkedIn is not immune to the effects of the global pandemic,” said Mr Roslansky. “Our Talent Solutions business continues to be impacted as fewer companies, including ours, need to hire at the same volume they did previously.”

In recent, months companies worldwide have shed tens of thousands of jobs, as they struggle to tackle the effects of reduced demand caused by coronavirus.