Microsoft-owned LinkedIn cuts hundreds of roles, reports say – The Spokesman-Review

microsoft-owned-linkedin-cuts-hundreds-of-roles,-reports-say-–-the-spokesman-review

Microsoft-owned LinkedIn cuts hundreds of roles, reports say – The Spokesman-Review

LinkedIn is reportedly laying off hundreds of employees, marking the latest job cuts at Big Tech companies. The Microsoft subsidiary’s cuts, first reported by Bloomberg, are expected to affect engineering, product and marketing roles, keeping with the trend of the tech industry’s spree of layoffs over the past year. The cuts will hit about 5% of LinkedIn’s roughly 17,000-person workforce, according to Reuters. LinkedIn, owned by Microsoft since 2016, did not respond to a request for comment. Multiple LinkedIn employees posted on LinkedIn’s site Wednesday that they had been affected by the layoffs, including several based in the Seattle area. Microsoft operates a small office devoted to LinkedIn in downtown Bellevue, despite the tech giant’s mass exodus from the city in the wake of the pandemic. After leaving its office space at the Lincoln Square North tower, Microsoft kept two floors for LinkedIn, which can hold at least 120 employees. It is unclear how many LinkedIn employees are based in the Seattle area. The layoffs follow a leadership change at LinkedIn. Less than a month ago, LinkedIn Chief Operating Officer Daniel Shapero was tapped as the new CEO. LinkedIn’s previous CEO, Ryan Roslansky, moved to Microsoft last year as an
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