Tuesday, 9 May, 2023

LinkedIn Cuts over 700 Jobs and Exits China App due to Decreased Demand

LinkedIn, the professional networking site, has cut over 700 jobs worldwide and exited its China app due to decreased demand. The move is part of a larger restructuring effort aimed at refocusing the company's resources on its core products and services. The job cuts, which represent around 6% of the company's workforce, will mainly affect the sales and hiring teams. The China app, which was launched in 2014, had struggled to gain traction due to intense competition.