Considering the number of layoffs in recent times, now the news of layoffs does not surprise much, but the suspense remains with which company this time.
LinkedIn Handing Over Pink Slips To Its Employees
Answering all your questions, the company that has joined the bandwagon of handing over pink slips is Microsoft owned LinkedIn this time.
It sounds ironic, isn’t it because LinkedIn is one of the leading social media platforms which people sign up for to extend their network and look for potential jobs.
So, now a firm that helps people to get potential jobs is lowering headcount for its workforce.
How Did This Happen?
“Today I’m taking a little time to myself to process, but if anyone has any positions within Talent Acquisition or your Diversity team, or know of someone who does, I would sincerely appreciate any advice,” said Nicole Zawacki an employee at the company.
It seems that several employees took to LinkedIn to post about how they have been laid off starting February 13.
Interestingly, this development comes after tech giant Microsoft announced that it will be laying off around 10,000 people by March.
Here, it is assumed that this firing comes under the larger restructuring of the organization, The Information Report.
A LinkedIn user, Melanie Quandt said she had been laid off from the company who was a senior manager, Talent Acquisition Engineering at LinkedIn as per her profile, in a post.
Further adding, “I never lost a job in my 25 years in my career,… super disappointed with the small benefits and severance being offered. Feeling awful for all of us that were impacted. It will take a lot for me to trust an employer again,”.
Another former employee Emily Beiers wrote, “Unfortunately, my time at LinkedIn has come to an end. My Technical Recruiter role was impacted due to a reduction in workforce,”.
It seems that the funding winter, and economic uncertainty has severely affected several major companies.
As an impact, mass Layoffs have taken place all across the tech industry.
Prior to this, Amazon Layoffs had impacted over 18,000 people and Google Layoffs impacted 12,000 people.
Now, LinkedIn seems to be the latest tech company hit by layoffs.
