The Microsoft-owned professional networking platform has laid off employees from its global event marketing vertical, the media reported.
According to an insider report, LinkedIn has laid off “all employees of the professional social network’s global events marketing team amid continuing economic uncertainty”.
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According to the report that surfaced on Thursday, a LinkedIn spokesperson did not disclose the exact number of employees affected.
“They confirmed that the entire team was affected. Affected employees are being encouraged to apply for roles in a new internal team focused on creating virtual, hybrid and in-person experiences,” the report noted .
The layoffs at LinkedIn came as its parent company Microsoft, which in July laid off 1 percent, or 1,800 employees, asked about 200 more employees to go, this time from one of its customer-focused R&D projects.
According to a post on Microsoft-owned LinkedIn, the recent layoffs have also affected contract recruiters in several locations.
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a Business The Insider report previously noted that additional job cuts were concentrated in Microsoft’s Modern Life Experience (MLX) group, which was laid out in 2018 with the goal of “winning back consumers.”
“About 200 employees of the Modern Life Experience team have been asked to relocate or move to the company within 60 days,” the report claimed.
Last month, Satya Nadella-run Microsoft became the first tech giant to lay off employees as part of a “realignment”.
Microsoft’s layoffs affected nearly 1 percent of its 1,80,000-strong workforce in its offices and product divisions.
Microsoft has also slowed hiring across Windows, Teams and Office Groups.
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Other tech companies that have either laid off employees or slowed hiring in the current economic downturn include Google, Meta, Oracle, Twitter, Nvidia, Snap, Uber, Spotify, Intel and Salesforce.
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