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LinkedIn to Cut 960 Jobs After Virus Curbs Hiring (Correct)

July 21, 2020, 7:09 PM

Microsoft Corp.’s LinkedIn professional network eliminated almost 1,000 jobs after the coronavirus pandemic curbed demand for the company’s recruiting tools.

A total of 960 roles will be cut, about 6% of LinkedIn’s workforce. The reductions are happening in the company’s Global Sales and Talent Acquisition departments. LinkedIn Chief Executive Officer Ryan Roslansky announced the move in a Monday email to employees.

Millions of workers have lost their jobs since Covid-19 swept across the globe and forced governments, businesses and consumers to limit many activities. That’s left fewer companies seeking to hire new employees, which has weakened demand for the ...