LinkedIn continues to lay off employees
LinkedIn has announced that it will lay off 668 employees. Following the company's announcement last week that it would launch a series of new AI-powered tools, it has conducted layoffs in its R&D and finance teams for the second time this year.
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The company plans to add more talent with expertise in artificial intelligence to its staff. In a statement from the company, it was said, "As we adapt our organizational structures and streamline our decision-making process, we will continue to invest in strategic priorities for our future and deliver value to our members."
LinkedIn, one of the most important platforms in the business world, is parting ways with 668 employees, according to an official statement made today. The company's goal includes adding more talent with expertise in artificial intelligence to its workforce.
LinkedIn had announced last week that it would launch a series of new AI-powered tools across the company. Today, a different announcement focused on the future is being made. The company is laying off 668 employees. The R&D and finance departments will be affected by the layoffs. The company also announced that it would phase out its application in China. The total number of layoffs at LinkedIn has reached 1,384 this year.
In the statement from the company, it was said, "As we adapt our organizational structures and streamline our decision-making process, we continue to invest in strategic priorities for our future and deliver value to our members and customers. We are committed to providing full support to all our employees affected during this transition and ensuring they are treated with care and respect."