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LinkedIn to Cut 716 Jobs and End Its China App

2023-05-09 1 Dailymotion

LinkedIn to Cut 716 Jobs , and End Its China App.<br />LinkedIn CEO Ryan Roslansky <br />made the announcement in a letter to employees on May 8, CNN reports.<br />As we guide LinkedIn through <br />this rapidly changing landscape, we are making changes to our Global Business Organization and our China strategy that will result in a reduction of roles for 716 employees, Ryan Roslansky, LinkedIn CEO, via letter to employees.<br />As we plan for [the fiscal year of 2024], we’re expecting the macro environment to remain challenging. , Ryan Roslansky, LinkedIn CEO, via letter to employees.<br />We will continue to <br />manage our expenses as we invest in strategic growth areas, Ryan Roslansky, LinkedIn CEO, via letter to employees.<br />InCareer, LinkedIn's mainland China app, <br />will be phased out by Aug. 9.<br />LinkedIn is currently the only major social media app from the West that is still functioning in mainland China, CNN reports.<br />Google pulled out of the country in 2010.<br />Twitter, Facebook and YouTube <br />were banned over a decade ago.<br />Twitter, Facebook and YouTube <br />were banned over a decade ago.<br />Twitter, Facebook and YouTube <br />were banned over a decade ago.<br />LinkedIn's job cuts come as other <br />U.S. tech companies, such as Meta, <br />Amazon and more, have laid off thousands.<br />LinkedIn's job cuts come as other <br />U.S. tech companies, such as Meta, <br />Amazon and more, have laid off thousands.<br />LinkedIn's job cuts come as other <br />U.S. tech companies, such as Meta, <br />Amazon and more, have laid off thousands

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