LinkedIn Lays Off Nearly 700 More Employees As Tech Industry Cuts Continue

LinkedIn is laying off nearly 700 employees across engineering, product, talent and finance departments.

This comes after LinkedIn laid off 716 employees in May.

LinkedIn said it is restructuring and streamlining decision making.

Despite revenue and membership growth, LinkedIn cited shifts in customer behavior and slower revenue growth.

The layoffs follow other tech companies like Microsoft, Amazon, Google, and Meta also enacting job cuts recently.