LinkedIn, the professional social network owned by Microsoft, confirmed significant staff reductions on Monday, affecting nearly 700 employees. The cuts primarily target LinkedIn’s engineering organization, with some also occurring in the finance and human resources divisions. This news arrives amid an ongoing slowdown in year-over-year revenue growth for LinkedIn over eight consecutive quarters.

In the second quarter of this year, LinkedIn’s revenue grew by just 5%, a notable decline compared to previous.........

https://ratecaptain.com/linkedin-layoffs-700-employees-as-revenue-growth-slows/