LinkedIn has become the latest tech firm to axe jobs, closing 716 roles out of a 20,000 workforce. The social media network which focuses on business professionals will also phase out its local jobs app in China. In a letter by the company’s chief executive Ryan Roslansky, he said the move was aimed at streamlining the firm’s operations. In the last six months, firms including Amazon, LinkedIn’s parent Microsoft, and Alphabet have announced layoffs.
You May Also Like
Saudi Company Aramco’s financial value increases putting Apple under pressure
As global energy prices rise, Saudi Aramco is on the verge of…
- Reesha Mirza
- October 7, 2021
Apple alleges India’s apps of abusing power
New Delhi: On Dec 19, Apple Inc has consulted India’s antitrust watchdog…
- Alina Hashmi
- December 20, 2021
Sony unveils electric SUV prototype
It was reported that the Japanese firm was all set to launch…
- Alina Hashmi
- January 6, 2022
EU ready to approve drugs against Covid-19
Brussels: On Nov 9, the European Union drugs regulator is all ready…
- Alina Hashmi
- November 9, 2021