LinkedIn layoffs loom large due to global pandemic — nearly 1,000 people to lose jobs
Almost one thousand LinkedIn employees will lose their jobs as part of major layoffs.
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What you need to know
LinkedIn announced approximately one thousand layoffs in aletterfrom the company’s CEO Ryan Roslansky today. Those employees represent about 6 percent of LinkedIn’s Global Sales and Talent Acquisition organizations. The layoffs are due to the current global pandemic’s effect on recruitment, according to Roslansky.
The job cuts will come from the sales and hiring divisions of LinkedIn around the world. Roslansky states in his letter that those laid off will receive at minimum ten weeks of severance pay. People affected in the United States will receive 12 months of health care. LinkedIn will also provide career transition assistance, immigration support, and the option to keep LinkedIn cell phones, laptops, and other recently purchased equipment for working from home. Affected employees may potentially be hired for newly-created roles.
The layoffs include eliminating certain roles within LinkedIn’s GSO. Roslansky states:
COVID-19 is having a sustained impact on the demand for hiring, both in our LTS business and in our company. In GSO and GTO, there are roles that are no longer needed as we adjust to the reduced demand in our internal hiring and for our talent products globally.
Several LinkedIn employees will receive word regarding their future with the company later this week. Roslansky explains in his letter that he sent the email at 11pm PT last night “to make sure that employees around the globe hear all this important news from [him] first.” The CEO outlines when people will be informed in the letter depending on their country:
While the layoffs unfortunately affect a large number of people, Roslansky states that these are the only reductions the company is planning.
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Sean Endicott is a tech journalist at Windows Central, specializing in Windows, Microsoft software, AI, and PCs. He’s covered major launches, from Windows 10 and 11 to the rise of AI tools like ChatGPT. Sean’s journey began with the Lumia 740, leading to strong ties with app developers. Outside writing, he coaches American football, utilizing Microsoft services to manage his team. He studied broadcast journalism at Nottingham Trent University and is active on X @SeanEndicott_ and Threads @sean_endicott_.
