UNITED STATES NEWS

LinkedIn cuts more than 600 workers, about 3% of workforce

Oct 16, 2023, 9:29 AM

SUNNYVALE, Calif. (AP) — LinkedIn said Monday it is laying off hundreds of employees amounting to about 3% of the social media company’s workforce.

The Microsoft-owned career network is cutting about 668 roles across its engineering, product, talent and finance teams.

“Talent changes are a difficult, but necessary and regular part of managing our business,” the company said in a statement.

The job cuts follow another more than 700 layoffs LinkedIn announced in May, as well as thousands more this year from parent company Microsoft, which has owned the professional-networking service since buying it for $26 billion in 2016.

LinkedIn keeps growing and said its annual revenue surpassed $15 billion for the first time in the fiscal year that ended in June. The service, headquartered in Sunnyvale, California, makes money from advertisements on the platform as well as from users who pay to subscribe for premium features.

LinkedIn reports having about 19,500 employees.

Redmond, Washington-based Microsoft as of July had a global workforce of 221,000 full-time employees, with more than half of those in the U.S.

It’s adding thousands more as part of its $69 billion acquisition of California video game-maker Activision Blizzard, which closed Friday. As of late last year, Activision Blizzard reported having 13,000 employees.

United States News

Associated Press

Douglas DC-4 plane crashes into river outside Fairbanks, Alaska; not clear how many people on board

FAIRBANKS, Alaska (AP) — A Douglas DC-4 airplane crashed into the Tanana River near Fairbanks on Tuesday, Alaska State Troopers said. It was not immediately known how many people were on board. The website www.airlines.net said standard passenger seating for a DC-4 was 44 during its heyday, but most have been converted to freighters. Troopers […]

1 hour ago

Associated Press

College students, inmates and a nun: A unique book club meets at one of the nation’s largest jails

CHICAGO (AP) — For college senior Nana Ampofo, an unconventional book club inside one of the nation’s largest jails has transformed her career ambitions. Each week, the 22-year-old drives a van of her DePaul University peers to Cook County Jail to discuss books with inmates and recently, the well-known activist Sister Helen Prejean. Ampofo comes […]

1 hour ago

Associated Press

Someone fishing with a magnet dredged up new evidence in Georgia couple’s killing, officials say

McRAE-HELENA, Ga. (AP) — Someone using a magnet to fish for metal objects in a Georgia creek pulled up a rifle as well as some lost belongings of a couple found slain in the same area more than nine years ago. The Georgia Bureau of Investigation says driver’s licenses, credit cards and other items dragged […]

2 hours ago

Associated Press

Supreme Court to weigh whether doctors can provide emergency abortions in states with bans

WASHINGTON (AP) — Nearly two years after overturning the constitutional right to abortion, the Supreme Court will consider Wednesday how far state bans can extend to women in medical emergencies. The justices are weighing a case from Idaho, where a strict abortion ban went into effect shortly after the high court’s 2022 decision overturning Roe […]

3 hours ago

Associated Press

Transgender Louisianans lost their ally in the governor’s seat. Now they’re girding for a fight

BATON ROUGE, La. (AP) — As transgender people in Louisiana watched surrounding states in the deeply conservative South implement a slew of laws targeting nearly every facet of their lives in recent years, they counted on their ally in the governor’s office to keep their home a relative oasis. Former Gov. John Bel Edwards, the […]

3 hours ago

Associated Press

Pentagon set to send $1 billion in new military aid to Ukraine once bill clears Senate and Biden

WASHINGTON (AP) — The Pentagon is poised to send $1 billion in new military aid to Ukraine, U.S. officials said Tuesday as the Senate moved ahead on long-awaited legislation to fund the weapons Kyiv desperately needs to stall gains being made by Russian forces in the war. The decision comes after months of frustration, as […]

4 hours ago

Sponsored Articles

...

DESERT INSTITUTE FOR SPINE CARE

Desert Institute for Spine Care is the place for weekend warriors to fix their back pain

Spring has sprung and nothing is better than March in Arizona. The temperatures are perfect and with the beautiful weather, Arizona has become a hotbed for hikers, runners, golfers, pickleball players and all types of weekend warriors.

...

COLLINS COMFORT MASTERS

Here are 5 things Arizona residents need to know about their HVAC system

It's warming back up in the Valley, which means it's time to think about your air conditioning system's preparedness for summer.

...

Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.

LinkedIn cuts more than 600 workers, about 3% of workforce