This is LinkedIn's biggest challenge in recent years – The Jerusalem Post

this-is-linkedin's-biggest-challenge-in-recent-years-–-the-jerusalem-post

Approximately six months after LinkedIn’s acquisition of Oribi and its announcement regarding the opening of an Israeli development center, several developments have occurred that could harm the rapid progress that has characterized LinkedIn in recent years.In February, LinkedIn announced that it would purchase Oribi for approximately $90 million and establish a research and development center in Tel Aviv. There was good reason to think that the development center would be completed at record speed and that Oribi would double or even triple the number of its employees. Unfortunately, that did not happen.Since that time, Israeli and high-tech companies around the world, including major corporations such as Google and Microsoft, have instituted hiring freezes and have even laid off workers. Oribi, the latest LinkedIn acquisition, has reduced its workforce by a third. The managers of LinkedIn and other giant companies are now facing an additional challenge. Employees are looking for work opportunities that do not have the constant threat of redundancy. LinkedIn also knows that had the timing of the Oribi acquisition been smoother,  there would have been fewer queries regarding the continuation of the development center project.The LinkedIn DilemmaThe current situation raises a new dilemma. Since Oribi’s workforce has been reduced…
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