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LinkedIn Announces Additional Layoffs

TechCrunch reported today that LinkedIn will lay off 668 employees. According to what TechCrunch said is "a reliable source," approximately 563 roles will be eliminated from LinkedIn's R&D department and the rest spread across engineering, product, talent and finance.The cuts come five months after LinkedIn announced 716 job cuts as it phased out its app in China. All told, LinkedIn has laid off 1,384 people so far this year.“While we are adapting our organizational structures and streamlining our decision making, we are continuing to invest in strategic priorities for our future and to ensure we continue to deliver value for our members and customers,” the company said in a statement. “We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect.”It didn’t specify which strategic priorities it would focus on, but AI is a pretty safe bet. “We continue to use AI to help our members and customers connect to opportunities and tap into the experiences of experts on the platform. Our AI-powered collaborative articles are now the fastest-growing traffic driver to LinkedIn,” the company said.
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