LinkedIn is the latest major tech company to announce large-scale layoffs. According to Reutersthe company is laying off about five percent of its workforce. Given that LinkedIn has more than 17,500 full-time employees, that means around 875 people will be laid off. A source said Reuters that LinkedIn did not explicitly cite artificial intelligence as a reason for the layoffs.
LinkedIn is “reducing investments in certain areas, including marketing campaigns, vendor spend, customer events and underutilized office space, so we can focus teams on priorities that have the greatest impact with the highest (return on investment),” according to a memo from new CEO Daniel Shapero that Business Insider got. It says LinkedIn is laying off workers across its global sales organization, marketing, engineering and product teams.
The company is reportedly closing an office in Graz, Austria, as part of its reorganization. “As part of our regular business planning, we have implemented organizational changes to best position ourselves for future success,” a LinkedIn spokesperson said. Business Insider.
“Economic opportunity is one of the societal issues of our time, and Linkedin has and will continue to be the platform that professionals and businesses turn to to navigate an evolving world of work,” Shapero wrote in the memo. “For us to meet this moment, we must prepare to deliver step change in terms of the impact on our products, businesses and platforms, while continuing to operate more profitably. We must reinvent the way we work, with agile teams focused on our highest priorities, and redirecting investments to areas such as infrastructure to fulfill our mission and long-term vision.
The latest round of layoffs began weeks after parent company Microsoft reportedly began offering voluntary buyouts to 7% of its workforce. Microsoft’s most recent earnings report indicates that LinkedIn revenue grew 12% in the first three months of this year compared to the same period in 2025.
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