LinkedIn plans to lay off 5% of its employees.
Exclusive: LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says | Reuters
https://www.reuters.com/business/world-at-work/linkedin-is-planning-lay-off-5-staff-latest-tech-sector-cuts-source-says-2026-05-13/
LinkedIn layoffs 2026: company cutting 5% of workforce
The scariest part of LinkedIn's layoffs isn't the number of jobs cut - Fast Company
https://www.fastcompany.com/91541892/the-scariest-part-of-linkedins-layoffs-isnt-the-number-of-jobs-cut
Reuters reported, citing two sources familiar with the matter, that LinkedIn is planning to restructure its team to focus talent on growth areas while also downsizing its technology division. According to the sources, the plan is expected to lay off 5% of its total workforce.
LinkedIn has more than 17,500 full-time employees worldwide, so if the plan goes ahead, approximately 875 people are expected to be laid off. It is unclear which specific teams within the technology division will be affected by the restructuring.
Recently, cryptocurrency exchange Coinbase and translation tool provider DeepL have announced plans to downsize their workforce due to the rise of AI. However, LinkedIn's downsizing is not due to AI, but rather 'to rethink how we work by shifting our investment focus to areas that are necessary to realize our long-term mission and vision.'
According to Microsoft, LinkedIn's parent company, LinkedIn is performing well in the latest quarter, with a '12% increase in revenue compared to the same period last year.'
Meanwhile, Microsoft is also implementing widespread workforce reductions across various departments, including management , sales , and gaming , and in April 2026, it announced its first voluntary retirement program in its 50-year history.
Microsoft launches first-ever voluntary retirement program in its 50+ year history, targeting employees with 'years of service + age 70 or older,' with 7% of employees eligible - GIGAZINE
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