DUBAI, UNITED ARAB EMIRATES. 26 DECEMBER 2020. Dubai skyline. (Photo: Reem Mohammed/The National) Reporter: Section:

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Facebook parent Meta preparing large-scale layoffs this week

On Sunday, Wall Steet Journal reported that, Meta Platforms Inc. is planning…

PM Shehbaz extends FAC exemption to 300 units

Prime Minister Shehbaz Sharif on Thursday extended the exemption for fuel adjustment…

Alibaba group expells employee over sexual assault allegations

Beijing: It was reported on Sunday that Chinese e-commerce giant Alibaba Group…

Israeli spyware targeted scores of WhatsApp users: Meta

An official with Meta’s WhatsApp chat service said Israeli spyware company Paragon…