Amid hiring freezes, LinkedIn quietly announces layoffs

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Dive Brief:​​​​

  • Microsoft’s previously announced 10,000 layoffs include LinkedIn staff, as well. In its Feb. 14-updated layoff tracker, LinkedIn News nodded at the headcount reduction. 
  • “LinkedIn has laid off an undisclosed number of staff on its talent acquisition team,” the post read, nodding to the company’s confirmation in The Information. 
  • The job board and professional networking site laid off recruiting staff amid a daily barrage of tech layoff announcements. 

Dive Insight:

LinkedIn is just one area of Microsoft’s empire to be hit by layoffs this year. Just last week, GitHub CEO Thomas Dohmke announced that headcount reduction would start immediately and span to June 30. Additional “budgetary realignments” included a shift to a fully remote workforce and office shutterings. Microsoft’s cloud-computing arm Azure was also reportedly included in layoffs; its industrial metaverse project was also canned.

LinkedIn isn’t the only facet of the B2B industry to be touched by layoffs. On Feb. 8, Gusto CEO Josh Reeves announced the payment processor would let go of 126 employees or 5% of its workforce. The day before, Zoom CEO Eric S. Yuan announced layoffs for 15% of its workforce or 1,300 employees. More recently, CEO Marc Benioff’s handling of Salesforce’s layoffs has stayed in headlines.  

In addressing Tiktok’s and Amazon’s HR-specific cuts, a layoffs expert previously told HR Dive that the continuous hiring freezes can put talent acquisition professionals and recruiters on the chopping block. See: LinkedIn.

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