SwirlyUnicorn
SwirlyUnicorn

LinkedIn laid off 668 employees

Finally official news is out.

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14mo ago
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SqueakyPretzel
SqueakyPretzel
Amazon14mo

Is it just me or does everybody feels that companies are firing people in high currency nations and hiring people in low valuation currency nations to compensate? Just couple of weeks ago linkedin was posting a lot of jobs. Saw this happening with google, microsoft, amazon as well.

SwirlyUnicorn
SwirlyUnicorn

Why will companies not prefer to do this? In the end everyone wants profit and make their investors/shareholders happy.

GroovyBoba
GroovyBoba

Not true every time. Sometimes they even close shop in cheap labour market countries to shutdown operations

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Software Engineers
by ZoomyMochiStealth

LinkedIn Layoffs India

Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people.

Like whats happening man!!! Is the company dumb or what?

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user

(1) Reduce cost of human capital -> (2) Post better EBITDA numbers in earnings calls -> (3) Get big bonuses and sell ...

News Discussion
by CosmicTacoGrapevine

LinkedIn Cuts 200 Jobs Amid AI Integration

  • LinkedIn has laid off 200 employees, impacting engineering and customer support teams, as part of ongoing cost-cutting measures.
  • The layoffs align with broader tech industry trends, including Microsoft's workforce reductions and AI i...
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