Microsoft’s LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for the social media network for professionals as demand for hiring services slows. The cuts, which affect more than 3% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector amid an uncertain economic outlook.

 

Leave a Reply

Your email address will not be published.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

You May Also Like

Govt moves to establish Cybersecurity Authority at federal level

Amid the prevailing risks in the digital and cyber domain, the government…

Meta says ChatGPT-related malware is on the rise

Facebook owner Meta said on Wednesday it had uncovered malware purveyors leveraging…

PM Shehbaz initiates 10,000MW solar project

Prime Minister Shehbaz Sharif on Thursday gave the go-ahead for the execution…

Power breakdown reported across Pakistan

A power breakdown was reported across Pakistan on Monday morning after the…