LinkedIn Layoffs: Microsoft-Owned Professional Network To Lay Off 5% of Global Workforce Despite Revenue Growth

LinkedIn is set to lay off approximately 5 per cent of its 17,500-strong global workforce as part of a strategic reorganisation. Despite a 12 per cent revenue increase in the latest quarter, the company is shifting personnel toward growth areas. This move follows similar workforce reductions across the broader technology sector as firms adjust operations to improve efficiency.