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

July 21, 2020, 7:09 PM UTC

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 ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.