iTnews Asia
  • Home
  • News
  • Software

LinkedIn to cut 716 jobs

LinkedIn to cut 716 jobs

Will phase out China local jobs app.

By Stephen Nellis on May 9, 2023 1:58PM

Microsoft-owned LinkedIn will cut 716 jobs as part of broader changes that would also result in it phasing out its local jobs app in China.

In a letter to employees, LinkedIn CEO Ryan Roslansky said the move to cut roles in its sales, operations and support teams was aimed at streamlining the company's operations.

"With the market and customer demand fluctuating more, and to serve emerging and growth markets more effectively, we are expanding the use of vendors," Roslansky wrote.

"We are also removing layers, reducing management roles and broadening responsibilities to make decisions more quickly."

Roslansky also said in the letter that the changes would result in creating 250 new jobs.

A LinkedIn spokesperson said that employees affected by the cuts would be eligible to apply for those roles.

LinkedIn also said it was eliminating the slimmed down jobs application that it offers in China after it decided in 2021 to mostly withdraw from the country, citing a "challenging" environment.

The remaining China app, called InCareers, will be phased out by August 9, LinkedIn said.

"Despite our initial progress, InCareer faced fierce competition and a challenging macroeconomic climate, which ultimately led us to the decision of discontinuing the service," the company told users of the website.

To reach the editorial team on your feedback, story ideas and pitches, contact them here.
Copyright Reuters
© 2019 Thomson Reuters. Click for Restrictions.
Tags:
linkedin software

Related Articles

  • Philippines’ Security Bank modernises eKYC for secure customer onboarding
  • The outlook for software development in 2025
  • Malaysia launches national AI office for policy, regulation
  • Semyung University transforms IT infrastructure with NetApp
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

The outlook for software development in 2025

The outlook for software development in 2025

Philippines’ Jollibee to modernise applications used by 3,200 stores

Philippines’ Jollibee to modernise applications used by 3,200 stores

Petronas builds unified data hub to enhance business decisions

Petronas builds unified data hub to enhance business decisions

Indonesian Bank BRI plans to use AI solutions for enhanced efficiency

Indonesian Bank BRI plans to use AI solutions for enhanced efficiency

All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of Lighthouse Independent Media's Privacy Policy and Terms & Conditions.